Companhia Brasileira de Distribuicao (CBD) Stock Price Up 3.2%
Companhia Brasileira de Distribuicao (NYSE:CBD) shares rose 3.2% during trading on Friday . The stock traded as high as $16.15 and last traded at $16.13, with a volume of 200,844 shares traded. The stock had previously closed at $15.63.
CBD has been the subject of several recent research reports. Zacks Investment Research upgraded shares of Companhia Brasileira de Distribuicao from a “sell” rating to a “hold” rating in a report on Tuesday, June 14th. Deutsche Bank AG upgraded shares of Companhia Brasileira de Distribuicao from a “hold” rating to a “buy” rating in a report on Tuesday, June 7th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $12.50.
The company’s 50 day moving average price is $16.09 and its 200 day moving average price is $13.81. The stock’s market capitalization is $4.30 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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