Sell-side Analyst Consensus Take on Barrick Gold Corporation (NYSE:ABX), Baidu, Inc. (NASDAQ:BIDU)

Sell-side Analyst Consensus Take on Barrick Gold Corporation (NYSE:ABX), Baidu, Inc. (NASDAQ:BIDU)

Wall Street sell-side research analysts covering Barrick Gold Corporation (NYSE:ABX) shares have recently provided various price target projections on where the stock might be going. According to them, the stock is expected to reach $21.007 on a consensus level within the next year, according to Zacks. The most bullish estimate sees the stock reaching $28 while the most conservative estimate stand at $10.5.

Zacks also gives an average broker rating based on the sell-side recommendations from the analysts who cover Barrick Gold Corporation. They give the company shares an ABR of 2.71. This is based on the 13 analysts taken into consideration by Zacks.

Earnings Estimates for Barrick Gold Corporation (NYSE:ABX)

Currently, Wall Street is projecting that the firm will post $0.21 earnings per share. This consensus number is also derived from Zacks. For the most recent period which ended on 2016-06-30, Barrick Gold Corporation's EPS was reported as $0.14. This created a “surprise factor” 0% due to being $0 apart from what Wall Street predicted. When actual numbers differ greatly from the consensus expectations, sharp movement in the stock price can often be seen in the hours or days following the report.

Investors will mark their calendars for 2016-10-26, the date when Barrick Gold Corporation (NYSE:ABX) are expected to release their quarterly results.

Wall Street sell-side research analysts covering Baidu, Inc. (NASDAQ:BIDU) shares have recently provided various price target projections on where the stock might be going. According to them, the stock is expected to reach $188.571 on a consensus level within the next year, according to Zacks. The most bullish estimate sees the stock reaching $205 while the most conservative estimate stand at $164.

Zacks also gives an average broker rating based on the sell-side recommendations from the analysts who cover Baidu, Inc.. They give the company shares an ABR of 1.81. This is based on the 7 analysts taken into consideration by Zacks.

Earnings Estimates for Baidu, Inc. (NASDAQ:BIDU)

Currently, Wall Street is projecting that the firm will post $0.87 earnings per share. This consensus number is also derived from Zacks. For the most recent period which ended on 2016-06-30, Baidu, Inc.'s EPS was reported as $1.05. This created a “surprise factor” 11.7% due to being $0.11 apart from what Wall Street predicted. When actual numbers differ greatly from the consensus expectations, sharp movement in the stock price can often be seen in the hours or days following the report.

Investors will mark their calendars for 2016-11-03, the date when Baidu, Inc. (NASDAQ:BIDU) are expected to release their quarterly results.

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