InvestorsObserver is giving Baidu Inc (BIDU) an Analyst Rating Rank of 69, meaning BIDU is ranked higher by analysts than 69% of stocks. The average projection by analysts for BIDU is $149.416 over the next 12 months and analyst’s classify the stock as a Strong Buy
Why are Analyst Ratings Important?
Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported.
Investors Observer takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.
What's Happening With Baidu Inc Stock Today?
Baidu Inc (BIDU) stock has fallen -1.34% while the S&P 500 has gained 0.45% as of 3:35 PM on Tuesday, Jun 30. BIDU has fallen -$1.63 from the previous closing price of $121.29 on volume of 1,400,052 shares. Over the past year the S&P 500 is up 3.46% while BIDU has gained 1.40%. BIDU earned $0.94 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 127.31.