Brokers Suggest Investing in Baidu Inc. (BIDU): Read This Before Placing a Bet [Yahoo! Finance]
Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share (BIDU)
Last baidu, inc. - american depositary shares, each representing 8 ordinary share earnings: 2/27 04:30 pm
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ir.baidu.com
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Source: Yahoo! Finance
While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Baidu Inc. (BIDU). Baidu Inc. currently has an average brokerage recommendation (ABR) of 1.03, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 18 brokerage firms. An ABR of 1.03 approximates between Strong Buy and Buy. Of the 18 recommendations that derive the current ABR, 17 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 94.4% and 5.6% of all recommendations. Brokerage Recommendation Trends for BIDU Check price target & stock forecast for Baidu Inc. here The ABR suggests buying Baidu Inc., but making an investment decision solely on the basis of this informati
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BIDU
News
- Baidu, Inc. (NASDAQ: BIDU) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $180.00 price target on the stock.MarketBeat
- Baidu Q1 Earnings: The Turnaround Is Finally Gaining Momentum [Seeking Alpha]Seeking Alpha
- Baidu, Inc. (NASDAQ: BIDU) was downgraded by analysts at Morgan Stanley from an "overweight" rating to an "equal weight" rating. They now have a $125.00 price target on the stock, down previously from $140.00.MarketBeat
- Baidu Inc.: Q1 Earnings Snapshot [Yahoo! Finance]Yahoo! Finance
- Baidu Announces First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
BIDU
Earnings
- 5/16/24 - Beat
BIDU
Sec Filings
- 5/16/24 - Form 6-K
- 5/8/24 - Form 6-K
- 4/12/24 - Form 6-K
- BIDU's page on the SEC website