Companhia Brasileira de Distribuicao (NYSE:CBD)’s share price traded up 5.5% on Tuesday . The stock traded as high as $15.80 and last traded at $15.73, with a volume of 963,685 shares traded. The stock had previously closed at $14.91.

Several equities analysts recently weighed in on the company. Deutsche Bank AG upgraded Companhia Brasileira de Distribuicao from a “hold” rating to a “buy” rating in a research report on Tuesday, June 7th. Zacks Investment Research upgraded Companhia Brasileira de Distribuicao from a “sell” rating to a “hold” rating in a research report on Tuesday, June 14th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. Companhia Brasileira de Distribuicao has an average rating of “Hold” and a consensus price target of $10.17.

The company has a 50-day moving average price of $12.84 and a 200-day moving average price of $12.12. The stock has a market cap of $4.13 billion and a P/E ratio of 55.57.

A hedge fund recently raised its stake in Companhia Brasileira de Distribuicao stock. Brandes Investment Partners LP raised its position in shares of Companhia Brasileira de Distribuicao (NYSE:CBD) by 5.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,095,051 shares of the company’s stock after buying an additional 110,038 shares during the period. Brandes Investment Partners LP owned about 0.79% of Companhia Brasileira de Distribuicao worth $22,040,000 at the end of the most recent reporting period.

Companhia Brasileira de Distribuicao, directly or through its subsidiaries, is engaged in the retail of food, clothing, home appliances, electronics and other items through its chain of hypermarkets, supermarkets, specialized stores and department stores. The Company’s operating segments include Retail segment, Cash and carry segment, Home appliances segment and E-commerce segment.

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