Media coverage about Companhia Brasileira de Distribuicao (NYSE:CBD) has been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Companhia Brasileira de Distribuicao earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave news headlines about the company an impact score of 47.0866333618715 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Shares of Companhia Brasileira de Distribuicao (NYSE:CBD) traded down $0.07 during midday trading on Friday, reaching $22.51. 222,951 shares of the company were exchanged, compared to its average volume of 322,190. The firm has a market cap of $5,992.59, a price-to-earnings ratio of 24.47, a PEG ratio of 1.30 and a beta of 1.84. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.98 and a current ratio of 1.18. Companhia Brasileira de Distribuicao has a 12-month low of $14.83 and a 12-month high of $25.90.

The business also recently announced a special dividend, which will be paid on Friday, December 22nd. Investors of record on Monday, December 11th will be paid a $0.0968 dividend. The ex-dividend date is Friday, December 8th. This is a positive change from Companhia Brasileira de Distribuicao’s previous special dividend of $0.06.

A number of equities analysts recently weighed in on CBD shares. Credit Suisse Group raised shares of Companhia Brasileira de Distribuicao from a “neutral” rating to an “outperform” rating in a research note on Tuesday, November 7th. Zacks Investment Research lowered shares of Companhia Brasileira de Distribuicao from a “buy” rating to a “hold” rating in a research note on Monday, September 18th. Finally, UBS raised shares of Companhia Brasileira de Distribuicao from a “market perform” rating to an “outperform” rating in a research note on Tuesday, November 21st. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $28.00.

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About Companhia Brasileira de Distribuicao

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.

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