Baidu (BIDU) Receives News Sentiment Rating of 0.08

News headlines about Baidu (NASDAQ:BIDU) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Baidu earned a daily sentiment score of 0.08 on Accern’s scale. Accern also gave media headlines about the information services provider an impact score of 45.6340929769835 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the news stories that may have effected Accern’s rankings:

Baidu (NASDAQ BIDU) opened at 262.68 on Friday. The firm has a market cap of $91.09 billion, a price-to-earnings ratio of 47.88 and a beta of 1.99. Baidu has a 52-week low of $159.54 and a 52-week high of $264.66. The firm has a 50-day moving average of $239.51 and a 200 day moving average of $202.89.

BIDU has been the topic of a number of recent research reports. TheStreet raised shares of Baidu from a “c+” rating to a “b” rating in a report on Monday, July 31st. Vetr raised shares of Baidu from a “sell” rating to a “buy” rating and set a $244.58 target price on the stock in a report on Monday, July 31st. Instinet raised shares of Baidu from a “neutral” rating to a “buy” rating and raised their target price for the stock from $180.00 to $241.00 in a report on Monday, July 31st. Nomura raised shares of Baidu from a “neutral” rating to a “buy” rating and set a $241.00 target price on the stock in a report on Monday, July 31st. Finally, Jefferies Group LLC reissued a “buy” rating and issued a $208.00 target price on shares of Baidu in a report on Monday, June 19th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, fourteen have given a buy rating and three have given a strong buy rating to the stock. Baidu currently has an average rating of “Buy” and an average price target of $223.12.

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About Baidu

Baidu, Inc is a Chinese language Internet search provider. The Company offers a Chinese language search platform on its Baidu.com Website that enables users to find information online, including Webpages, news, images, documents and multimedia files, through links provided on its Website. In addition to serving individual Internet search users, the Company provides a platform for businesses to reach customers.

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