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.
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.
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