A number of other equities research analysts have also issued reports on the company. Mizuho lowered their target price on Baidu from $215.00 to $205.00 and set a buy rating for the company in a research note on Tuesday, May 7th. Zacks Investment Research lowered Baidu from a hold rating to a strong sell rating in a research note on Wednesday, April 24th. KeyCorp set a $220.00 target price on Baidu and gave the company an overweight rating in a research note on Tuesday, April 23rd. They noted that the move was a valuation call. China Renaissance Securities reiterated a hold rating on shares of Baidu in a research note on Monday, April 15th. Finally, Credit Suisse Group set a $221.00 target price on Baidu and gave the company a buy rating in a research note on Wednesday, April 10th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have issued a buy rating to the stock. Baidu has a consensus rating of Buy and a consensus target price of $230.64.
BIDU stock opened at $151.54 on Friday. The company has a quick ratio of 2.73, a current ratio of 2.73 and a debt-to-equity ratio of 0.31. Baidu has a 1 year low of $150.02 and a 1 year high of $284.22. The stock has a market capitalization of $55.44 billion, a PE ratio of 19.43, a P/E/G ratio of 4.80 and a beta of 1.44.
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 its other properties and Union partners; Baidu Feed that provides users with personalized timeline based on their demographics and interests; Haokan, a short video app; and Quanmin, a flash video app for users to create and share short videos.
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