Several analysts have recently updated their ratings and price targets for Baidu (NASDAQ: BIDU):

  • 11/6/2018 – Baidu was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 11/2/2018 – Baidu was given a new $220.00 price target on by analysts at UBS Group AG. They now have a “buy” rating on the stock.
  • 11/1/2018 – Baidu had its price target lowered by analysts at Nomura from $283.00 to $206.00. They now have a “neutral” rating on the stock.
  • 11/1/2018 – Baidu was given a new $230.00 price target on by analysts at Barclays PLC. They now have a “hold” rating on the stock.
  • 10/31/2018 – Baidu was given a new $246.00 price target on by analysts at Credit Suisse Group AG. They now have a “buy” rating on the stock.
  • 10/31/2018 – Baidu had its price target lowered by analysts at Benchmark Co. from $300.00 to $260.00. They now have a “buy” rating on the stock.
  • 10/29/2018 – Baidu was given a new $369.00 price target on by analysts at Deutsche Bank AG. They now have a “buy” rating on the stock.
  • 10/18/2018 – Baidu was given a new $250.00 price target on by analysts at Barclays PLC. They now have a “hold” rating on the stock.
  • 10/16/2018 – Baidu was upgraded by analysts at Zacks Investment Research from a “sell” 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. “
  • 10/12/2018 – Baidu had its price target lowered by analysts at Citigroup Inc from $295.00 to $265.00. They now have an “outperform” rating on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 10/9/2018 – Baidu was given a new $280.00 price target on by analysts at UBS Group AG. They now have a “buy” rating on the stock.
  • 10/8/2018 – 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. “
  • 10/6/2018 – Baidu was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 10/2/2018 – Baidu was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 10/1/2018 – Baidu was given a new $313.00 price target on by analysts at Credit Suisse Group AG. They now have a “buy” rating on the stock.
  • 9/21/2018 – Baidu was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.

NASDAQ:BIDU traded down $5.61 during trading hours on Tuesday, hitting $177.48. 3,472,542 shares of the company traded hands, compared to its average volume of 3,326,775. The stock has a market cap of $64.83 billion, a P/E ratio of 22.02, a PEG ratio of 0.96 and a beta of 1.61. Baidu Inc has a twelve month low of $177.80 and a twelve month high of $284.22. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.66 and a quick ratio of 2.66.

A number of large investors have recently added to or reduced their stakes in BIDU. Federated Investors Inc. PA acquired a new position in Baidu during the 2nd quarter valued at $108,000. Flagship Harbor Advisors LLC bought a new stake in Baidu in the 2nd quarter valued at $119,000. Bartlett & Co. LLC increased its holdings in Baidu by 71.0% in the 2nd quarter. Bartlett & Co. LLC now owns 530 shares of the information services provider’s stock valued at $129,000 after buying an additional 220 shares during the period. Toronto Dominion Bank increased its holdings in Baidu by 5,050.0% in the 3rd quarter. Toronto Dominion Bank now owns 618 shares of the information services provider’s stock valued at $141,000 after buying an additional 606 shares during the period. Finally, Centaurus Financial Inc. bought a new stake in Baidu in the 2nd quarter valued at $150,000. Hedge funds and other institutional investors own 62.54% of the company’s stock.

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 mobile browsers; Baidu Feed that provides users with personalized timeline to meet their personal interests reflected in their past online behaviors, such as search and browsing, and their demographics; and Bear Paw Account that enables verified brands and businesses to aggregate their content from Websites, wapsites, and open-platform apps.

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