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Stock impact report

Is It Worth Investing in Baidu Inc. (BIDU) Based on Wall Street's Bullish Views? [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 Check Earnings Report
US:NASDAQ Investor Relations: ir.baidu.com
Company Research 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? Let's take a look at what these Wall Street heavyweights have to say about Baidu Inc. (BIDU) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. 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 17 brokerage firms. An ABR of 1.03 approximates between Strong Buy and Buy. Of the 17 recommendations that derive the current ABR, 16 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 94.1% and 5.9% of all recommendations. 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 information might not be a good idea Show less Read more
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