A number of other equities analysts also recently commented on BIDU. Daiwa Capital Markets raised shares of Baidu from a hold rating to an outperform rating and lifted their price objective for the stock from $105.00 to $124.00 in a report on Friday, November 8th. Jefferies Financial Group set a $133.00 target price on shares of Baidu and gave the company a buy rating in a report on Friday, October 18th. Morgan Stanley raised Baidu from an equal weight rating to an overweight rating in a research note on Thursday, November 7th. Sanford C. Bernstein raised Baidu from a market perform rating to an outperform rating and boosted their price target for the company from $118.00 to $139.00 in a research note on Friday, November 8th. Finally, Zacks Investment Research downgraded shares of Baidu from a strong-buy rating to a hold rating in a research report on Friday, January 10th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and fifteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus target price of $147.75.
Shares of BIDU stock traded up $0.12 on Friday, hitting $139.61. 4,145,679 shares of the stock traded hands, compared to its average volume of 3,702,769. The company’s fifty day moving average is $127.43 and its 200 day moving average is $113.04. Baidu has a 1-year low of $93.39 and a 1-year high of $186.22. The company has a market capitalization of $48.73 billion, a PE ratio of -155.12, a PEG ratio of 10.41 and a beta of 1.77. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.59 and a quick ratio of 2.59.
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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