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Where Does Wall Street Think Baidu Inc (BIDU) Stock Will Go?

Tuesday, December 07, 2021 02:01 PM | InvestorsObserver Analysts
Where Does Wall Street Think Baidu Inc (BIDU) Stock Will Go?

InvestorsObserver is giving Baidu Inc (BIDU) an Analyst Rating Rank of 70, meaning BIDU is ranked higher by analysts than 70% of stocks. The average price target for BIDU is $281.923 and analyst’s rate the stock as a Strong Buy.

Overall Score - 4.8
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?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Baidu Inc Stock Today?

Baidu Inc (BIDU) stock is trading at $151.21 as of 1:59 PM on Tuesday, Dec 7, a gain of $3.56, or 2.41% from the previous closing price of $147.65. The stock has traded between $147.10 and $151.43 so far today. Volume today is light. So far 2,727,185 shares have traded compared to average volume of 3,896,611 shares. Click Here to get the full Stock Report for Baidu Inc stock.

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