Companhia Brasileira de Distribuicao (CBD) Stock Price Down 1.8%
Companhia Brasileira de Distribuicao (NYSE:CBD) was down 1.8% during trading on Friday . The company traded as low as $16.08 and last traded at $16.11, with a volume of 1,175,185 shares trading hands. The stock had previously closed at $16.41.
A number of equities research analysts recently commented on CBD shares. Zacks Investment Research raised shares of Companhia Brasileira de Distribuicao from a “sell” rating to a “hold” rating in a research report on Tuesday, June 14th. Deutsche Bank AG raised shares of Companhia Brasileira de Distribuicao from a “hold” rating to a “buy” rating in a research report on Tuesday, June 7th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $10.17.
The stock has a 50-day moving average price of $15.99 and a 200-day moving average price of $13.61. The company’s market capitalization is $4.24 billion.
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.