News headlines about Baidu (NASDAQ:BIDU) have trended somewhat negative this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Baidu earned a media sentiment score of -0.09 on Accern’s scale. Accern also assigned media headlines about the information services provider an impact score of 48.0716982424538 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Baidu, Inc. (NASDAQ: BIDU) – Intraday Trade Strategies in Focus – Alpha Beta Stock (alphabetastock.com)
- Baidu Unveils DuerOS Prometheus Project to Advance Conversational AI – GlobeNewswire (press release) (globenewswire.com)
- Legal & General Group Plc Buys DowDuPont Inc, Alibaba Group Holding, British American … (nasdaq.com)
- How Alphabet’s Self-Driving Rivals Fared In 3Q17 (finance.yahoo.com)
- Does Baidu Inc’s (BIDU) PE Ratio Warrant A Buy? (finance.yahoo.com)
Several equities research analysts recently weighed in on BIDU shares. Credit Suisse Group reissued an “outperform” rating on shares of Baidu in a report on Thursday, August 31st. Jefferies Group LLC raised their target price on Baidu from $232.00 to $305.00 and gave the stock a “buy” rating in a research report on Friday, October 20th. Erste Group raised Baidu from a “sell” rating to a “hold” rating in a research report on Monday, August 21st. Macquarie reaffirmed a “top pick” rating on shares of Baidu in a research report on Monday, August 28th. Finally, OTR Global raised Baidu to a “positive” rating in a research report on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, fifteen have assigned a buy rating and three have given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $234.70.
Shares of Baidu (NASDAQ BIDU) traded down $2.66 during trading hours on Friday, reaching $237.40. 1,720,400 shares of the company traded hands, compared to its average volume of 2,591,527. Baidu has a one year low of $159.54 and a one year high of $274.97. The stock has a market capitalization of $83,243.21, a price-to-earnings ratio of 30.39, a PEG ratio of 1.43 and a beta of 1.94. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.71 and a quick ratio of 1.71.
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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