Companhia Brasileira de Distribuicao (CBD) Stock Price Up 2.2%
Companhia Brasileira de Distribuicao (NYSE:CBD)’s share price rose 2.2% on Friday . The stock traded as high as $16.87 and last traded at $16.59, with a volume of 370,006 shares changing hands. The stock had previously closed at $16.23.
CBD has been the subject of several recent research reports. 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. 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. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has given 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 $15.40 and a 200 day moving average price of $13.17. The stock’s market capitalization is $4.39 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.
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