Equities researchers at Maxim Group began coverage on shares of Baidu.com (NASDAQ: BIDU)
Shares of Baidu.com traded up 2.38% during mid-day trading on Tuesday, hitting $98.55. Baidu.com has a one year low of $85.96 and a one year high of $154.15. The company has a market cap of $34.452 billion and a P/E ratio of 21.78.
Baidu.com last announced its earnings results on Monday, October 29th. The company reported $1.37 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.28 by $0.09. The company had revenue of $994.60 million for the quarter, compared to the consensus estimate of $998.37 million. The company?s revenue for the quarter was up 51.9% on a year-over-year basis. Analysts expect that Baidu.com will post $4.75 EPS for the current fiscal year.
BIDU has been the subject of a number of other recent research reports. Analysts at JG Capital initiated coverage on shares of Baidu.com in a research note to investors on Thursday, December 6th. They set an ?overweight? rating on the stock. Separately, analysts at Citigroup reiterated a ?sell? rating on shares of Baidu.com in a research note to investors on Friday, November 23rd. They now have a $95.10 price target on the stock. Finally, analysts at Credit Suisse cut their price target on shares of Baidu.com from $83.00 to $82.00 in a research note to investors on Wednesday, October 31st. They now have an ?underperform? rating on the stock. Baidu, Inc. (Baidu) is a Chinese-language Internet search provider. Baidu serves three types of online participants, which include users, customers and Baidu union members.