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What is the Forecast Price for Baidu Inc (BIDU) Stock?

Wednesday, October 21, 2020 11:56 AM | InvestorsObserver Analysts

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What is the Forecast Price for Baidu Inc (BIDU) Stock?

InvestorsObserver is giving Baidu Inc (BIDU) an Analyst Rating Rank of 67, meaning BIDU is ranked higher by analysts than 67% of stocks. The average projection by analysts for BIDU is $153.5 over the next 12 months and analyst’s classify the stock as a Strong Buy

Overall Score - 4.6
Wall Street analysts are rating BIDU a Strong Buy today. Find out what this means to you and get the rest of the rankings on BIDU!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve.

Investors Observer combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Baidu Inc Stock Today?

Baidu Inc (BIDU) stock is trading at $133.25 as of 11:46 AM on Wednesday, Oct 21, an increase of $3.17, or 2.44% from the previous closing price of $130.08. The stock has traded between $132.01 and $135.60 so far today. Volume today is less active than usual. So far 1,718,857 shares have traded compared to average volume of 2,872,525 shares.

Click Here to get the full report on Baidu Inc (BIDU) Stock.

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