Research Analysts’ Weekly Ratings Changes for Baidu (BIDU)

Baidu (NASDAQ: BIDU) has recently received a number of price target changes and ratings updates:

  • 10/31/2017 – Baidu had its price target raised by analysts at Oppenheimer Holdings, Inc. from $250.00 to $295.00. They now have an “outperform” rating on the stock.
  • 10/30/2017 – Baidu was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $277.19 price target on the stock.
  • 10/30/2017 – Baidu had its price target lowered by analysts at J P Morgan Chase & Co from $230.00 to $225.00. They now have a “neutral” rating on the stock.
  • 10/30/2017 – Baidu was given a new $240.00 price target on by analysts at Barclays PLC. They now have a “hold” rating on the stock.
  • 10/25/2017 – Baidu was upgraded by analysts at OTR Global to a “positive” rating.
  • 10/23/2017 – Baidu was upgraded by analysts at UBS AG from a “hold” rating to a “buy” rating.
  • 10/20/2017 – Baidu had its price target raised by analysts at Jefferies Group LLC from $232.00 to $305.00. They now have a “buy” rating on the stock.
  • 10/19/2017 – Baidu was given a new $250.00 price target on by analysts at Barclays PLC. They now have a “hold” rating on the stock.
  • 9/27/2017 – Baidu was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $265.00 price target on the stock. According to Zacks, “Baidu, Inc., formerly Baidu.com, Inc. is a Chinese-language Internet search provider and is based in Beijing, the People’s Republic of China.The company offers a Chinese language search platform and conducts its operations principally through Baidu Online Network Technology Co., Ltd. , a network of third-party Web sites and software applications. Further, the company offers Japanese search services, including Web search, image search, video search, and blog search capabilities. It also offers online marketing services to its customers directly and through other distribution networks. “
  • 9/27/2017 – Baidu had its “buy” rating reaffirmed by analysts at HSBC Holdings plc. They now have a $282.00 price target on the stock, up previously from $245.00.
  • 9/26/2017 – Baidu was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $265.83 price target on the stock.
  • 9/26/2017 – Baidu is now covered by analysts at Wells Fargo & Company. They set an “outperform” rating and a $290.00 price target on the stock.
  • 9/19/2017 – Baidu was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $265.83 price target on the stock.
  • 9/18/2017 – Baidu had its “buy” rating reaffirmed by analysts at Bank of America Corporation. They now have a $263.00 price target on the stock.
  • 9/14/2017 – Baidu had its “hold” rating reaffirmed by analysts at Citigroup Inc.. They now have a $253.00 price target on the stock.
  • 9/13/2017 – Baidu was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $265.83 price target on the stock.
  • 9/6/2017 – Baidu was upgraded by analysts at Vetr from a “sell” rating to a “strong-buy” rating. They now have a $265.83 price target on the stock.

Baidu, Inc. (BIDU) traded up 1.91% on Wednesday, reaching $248.60. The company had a trading volume of 1,626,826 shares. Baidu, Inc. has a 12 month low of $159.54 and a 12 month high of $274.97. The stock has a market capitalization of $86.21 billion, a P/E ratio of 46.08 and a beta of 1.99. The firm has a 50-day moving average of $249.58 and a 200-day moving average of $210.35.

Baidu, Inc is a Chinese language Internet search provider. The Company offers a Chinese language search platform on its Baidu.com Website that enables users to find information online, including Webpages, news, images, documents and multimedia files, through links provided on its Website. In addition to serving individual Internet search users, the Company provides a platform for businesses to reach customers.

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