Media stories about Baidu (NASDAQ:BIDU) have trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Baidu earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave media headlines about the information services provider an impact score of 46.8572191427819 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

A number of analysts have recently commented on BIDU shares. BidaskClub upgraded Baidu from a “sell” rating to a “hold” rating in a report on Thursday, June 22nd. Barclays PLC started coverage on Baidu in a report on Tuesday, March 28th. They issued an “equal weight” rating and a $195.00 price target on the stock. Vetr upgraded Baidu from a “buy” rating to a “strong-buy” rating and set a $205.36 price target on the stock in a report on Monday, June 12th. Jefferies Group LLC set a $188.00 price target on Baidu and gave the company a “buy” rating in a report on Saturday, April 1st. Finally, Credit Suisse Group restated a “hold” rating and issued a $180.00 price target on shares of Baidu in a report on Friday, April 28th. Two investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. Baidu currently has a consensus rating of “Hold” and an average target price of $189.02.

Baidu (NASDAQ:BIDU) opened at 198.65 on Tuesday. The firm has a market cap of $68.91 billion, a P/E ratio of 43.07 and a beta of 1.91. Baidu has a 12 month low of $156.23 and a 12 month high of $199.25. The firm’s 50-day moving average price is $183.04 and its 200-day moving average price is $179.68.

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About Baidu

Baidu, Inc is a Chinese language Internet search provider. The Company offers a Chinese language search platform on its 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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