Baidu (NASDAQ:BIDU) Given News Impact Score of -2.20

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News stories about Baidu (NASDAQ:BIDU) have trended negative recently, InfoTrie reports. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Baidu earned a media sentiment score of -2.20 on their scale. InfoTrie also assigned news headlines about the information services provider an news buzz score of 0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company’s share price in the near term.

Here are some of the media stories that may have effected Baidu’s ranking:

NASDAQ BIDU opened at $103.32 on Friday. Baidu has a 52 week low of $82.00 and a 52 week high of $147.38. The company has a quick ratio of 2.89, a current ratio of 2.89 and a debt-to-equity ratio of 0.34. The business’s fifty day simple moving average is $100.30 and its 200-day simple moving average is $116.02. The firm has a market cap of $38.05 billion, a PE ratio of 102.30, a P/E/G ratio of 2.55 and a beta of 1.42.

A number of research firms recently issued reports on BIDU. Zacks Investment Research cut shares of Baidu from a “buy” rating to a “hold” rating in a research note on Wednesday, April 29th. Mizuho reissued a “buy” rating and issued a $175.00 price target on shares of Baidu in a research note on Thursday, April 9th. HSBC lifted their price target on shares of Baidu from $120.00 to $132.00 and gave the company a “buy” rating in a research note on Wednesday. JPMorgan Chase & Co. raised shares of Baidu from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $130.00 to $150.00 in a research note on Monday, March 2nd. Finally, Oppenheimer reissued a “buy” rating and issued a $155.00 price target on shares of Baidu in a research note on Monday, April 27th. One analyst has rated the stock with a sell rating, nine have given a hold rating and seventeen have assigned a buy rating to the company. Baidu presently has an average rating of “Buy” and a consensus price target of $143.52.

About Baidu

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.

Further Reading: Nikkei 225 Index

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