A number of other research analysts have also recently commented on BIDU. Jefferies Financial Group set a $133.00 price target on Baidu and gave the company a buy rating in a research note on Friday, October 18th. ValuEngine upgraded Baidu from a sell rating to a hold rating in a research note on Thursday, August 1st. Mizuho increased their price target on Baidu from $165.00 to $175.00 and gave the company a buy rating in a research note on Thursday, November 7th. HSBC increased their price target on Baidu from $137.00 to $141.00 and gave the company a buy rating in a research note on Wednesday, August 21st. Finally, Sanford C. Bernstein upgraded Baidu from a market perform rating to an outperform rating and increased their price target for the company from $118.00 to $139.00 in a research note on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of Buy and an average target price of $146.10.
NASDAQ BIDU traded down $0.83 on Monday, hitting $115.69. 2,574,436 shares of the company’s stock were exchanged, compared to its average volume of 3,768,062. The stock has a 50-day moving average of $107.67 and a 200-day moving average of $113.35. The company has a current ratio of 2.59, a quick ratio of 2.59 and a debt-to-equity ratio of 0.35. Baidu has a 52 week low of $93.39 and a 52 week high of $196.00. The stock has a market cap of $40.89 billion, a price-to-earnings ratio of 14.83, a P/E/G ratio of 15.40 and a beta of 1.72.
Baidu Company Profile
Baidu, Inc provides Internet search services in China and internationally. It operates through two segments, Baidu Core and iQIYI. The Baidu Core segment offers products for uses, including Baidu App to access search, feed, and other services using mobile devices; Baidu Search to access its search and other services through its other properties and Union partners; Baidu Feed that provides users with personalized timeline based on their demographics and interests; Haokan, a short video app; and Quanmin, a flash video app for users to create and share short videos.
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