Vetr Inc. disclosed Baidu Inc (ADR) (NASDAQ:BIDU), boosting its price target to $175.32 earlier today
- Updated: December 1, 2016
Reporting a potential upside of 0.05%, Vetr Inc. upped the price target of Baidu Inc (ADR) (NASDAQ:BIDU) to $175.32
On 11/29/2016, Vetr Inc. released a statement about Baidu Inc (ADR) (NASDAQ:BIDU) upped the target price from $0.00 to $173.26 that suggested an upside of 0.02%.
Having a price of $167.02, Baidu Inc (ADR) (NASDAQ:BIDU) traded -2.32% lower on the day. With the last stock price down -5.02% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. BIDU has recorded a 50-day average of $171.13 and a two hundred day average of $171.71. Trade Volume was down over the average, with 0 shares of BIDU changing hands under the typical 2,471,750
Recent Performance Chart
Baidu Inc (ADR) has price-earnings ratio of 12.31 with a one year low of $139.61 and a one year high of $217.97 and has a total market value of $0.
A total of 25 analysts have released a research note on Baidu Inc (ADR). Nine analysts rating the company a strong buy, twelve analysts rating the company a buy, six analysts rating the company a hold, two analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $209.10.
More 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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