Recent Investment Analysts’ Ratings Changes for Baidu (BIDU)

Baidu (NASDAQ: BIDU) recently received a number of ratings updates from brokerages and research firms:

  • 2/9/2018 – Baidu was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 2/5/2018 – Baidu was downgraded by analysts at OTR Global to a “positive” rating.
  • 1/29/2018 – Baidu was downgraded by analysts at Nomura from a “buy” rating to a “neutral” rating.
  • 1/26/2018 – Baidu had its price target raised by analysts at Barclays PLC from $240.00 to $250.00. They now have an “equal weight” rating on the stock.
  • 1/23/2018 – Baidu was downgraded by analysts at Jefferies Group LLC from a “buy” rating to a “hold” rating.
  • 1/23/2018 – Baidu was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 1/11/2018 – Baidu was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 1/8/2018 – Baidu had its “outperform” rating reaffirmed by analysts at Wells Fargo & Co. They now have a $200.00 price target on the stock, down previously from $275.00.
  • 1/2/2018 – Baidu was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. 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. “
  • 12/30/2017 – Baidu was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 12/18/2017 – Baidu was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. 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. “

Baidu Inc (BIDU) traded up $3.60 during midday trading on Monday, hitting $215.67. 4,769,100 shares of the stock traded hands, compared to its average volume of 2,799,352. Baidu Inc has a 12-month low of $166.00 and a 12-month high of $274.97. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.71 and a current ratio of 1.71. The company has a market cap of $74,890.00, a price-to-earnings ratio of 29.75, a price-to-earnings-growth ratio of 1.50 and a beta of 1.86.

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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