Baidu Inc (ADR) (NASDAQ:BIDU) target price raised to $195.75, issued a report today by Vetr Inc.
- Updated: October 9, 2016
Baidu Inc (ADR) (NASDAQ:BIDU) had its target bumped up to $195.75 by Vetr Inc. in an issued report issued 10/05/2016. The updated stock price target indicates a possible upside of 0.06% based on the company's last stock close price.
Yesterday Baidu Inc (ADR) (NASDAQ:BIDU) traded -0.95% lower at $184.44. The company’s 50-day moving average is $182.39 and its 200-day moving average is $175.28. The last stock close price is up 2.58% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 2,386,455 shares of the stock were exchanged, down from an average trading volume of 2,739,880
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Baidu Inc (ADR) has a price-earnings ratio of 13.24 with a one year low of $139.61 and a one year high of $217.97 BIDU’s total market value is presently $0.
A total of 25 equity analysts have released a ratings update on BIDU. Nine equity analysts rating the company a strong buy, twelve equity analysts rating the company a buy, six equity analysts rating the company a hold, two equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $209.10.
Brief Synopsis 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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