Citi Keeps Their Buy Rating on Baidu, Inc. Class A (9888)
Citi analyst maintained a Buy rating on Baidu, Inc. Class A yesterday and set a price target of HK$183.30.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Baidu, Inc. Class A with a HK$184.53 average price target.
Based on Baidu, Inc. Class A’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of HK$31.17 billion and a GAAP net loss of HK$11.23 billion. In comparison, last year the company earned a revenue of HK$33.56 billion and had a net profit of HK$7.63 billion
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