Headlines about Companhia Brasileira de Distribuicao (NYSE:CBD) have trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Companhia Brasileira de Distribuicao earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.4120484537082 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the news articles that may have effected Accern’s analysis:

Shares of Companhia Brasileira de Distribuicao (NYSE:CBD) traded up 0.62% during mid-day trading on Friday, reaching $22.84. 345,086 shares of the company’s stock were exchanged. The stock has a 50-day moving average of $22.76 and a 200 day moving average of $20.73. The firm has a market capitalization of $6.08 billion, a P/E ratio of 143.65 and a beta of 1.84. Companhia Brasileira de Distribuicao has a one year low of $14.08 and a one year high of $24.75.

A number of research analysts recently issued reports on CBD shares. Zacks Investment Research upgraded shares of Companhia Brasileira de Distribuicao from a “hold” rating to a “buy” rating and set a $26.00 target price on the stock in a research report on Wednesday. BidaskClub downgraded shares of Companhia Brasileira de Distribuicao from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, June 14th. Three research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $26.00.

ILLEGAL ACTIVITY NOTICE: This story was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this story on another publication, it was illegally stolen and republished in violation of U.S. & international trademark & copyright law. The correct version of this story can be viewed at https://www.thecerbatgem.com/2017/09/03/companhia-brasileira-de-distribuicao-cbd-receiving-somewhat-positive-media-coverage-report-shows.html.

Companhia Brasileira de Distribuicao Company Profile

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 principally under the trade names Pao de Acucar, Minuto Pao de Acucar, Extra Hiper, Extra Super, Minimercado Extra, Assai an the neighborhood shopping mall brand Conviva.

Insider Buying and Selling by Quarter for Companhia Brasileira de Distribuicao (NYSE:CBD)

Receive News & Stock Ratings for Companhia Brasileira de Distribuicao Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Companhia Brasileira de Distribuicao and related stocks with our FREE daily email newsletter.