Baidu Inc (ADR) (NASDAQ:BIDU) target bumped down to $201.00, released a ratings update earlier today by Deutsche Bank AG
- Updated: September 27, 2016
Having a price of $188.86, Baidu Inc (ADR) (NASDAQ:BIDU) traded 0.00% even on the day. The last stock close price is up 8.92% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Baidu Inc (ADR) has recorded a 50-day average of $179.43 and a two hundred day average of $175.21. Volume of trade was down over the average, with 0 shares of BIDU changing hands under the typical 2,735,110
Deutsche Bank AG dropped the price target of Baidu Inc (ADR) (NASDAQ:BIDU) to $201.00 reporting a possible upside of 0.06%.
Previously on 9/21/2016, Vetr Inc. released a statement for Baidu Inc (ADR) (NASDAQ:BIDU) upped the target price from $0.00 to $192.71. At the time, this suggested an upside of 0.04%.
With a total market value of $0, Baidu Inc (ADR) has price-earnings ratio of 14.04 with a one year low of $135.31 and a one year high of $217.97 .
A total of 25 analysts have released a report on Baidu Inc (ADR). Nine analysts rating the company a strong buy, twelve analysts rating the company a buy, 6 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $209.10.
General Information About Baidu Inc (ADR) (NASDAQ:BIDU)
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. Its business consists of three segments: search services, transaction services and iQiyi. Search services are keyword-based marketing services targeted at and triggered by Internet users' search queries, which mainly include its pay-for-performance (P4P) services and other online marketing services. Its transaction services include Baidu Nuomi, Baidu Takeout Delivery, Baidu Maps, Baidu Connect, Baidu Wallet and others. iQiyi is an online video platform with a content library that includes licensed movies, television series, cartoons, variety shows and other programs.
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