Companhia Brasileira de Distribuicao (CBD) Downgraded to “Hold” at ValuEngine
ValuEngine lowered shares of Companhia Brasileira de Distribuicao (NYSE:CBD) from a buy rating to a hold rating in a research report sent to investors on Wednesday morning.
A number of other equities research analysts have also commented on the stock. Citigroup raised shares of Companhia Brasileira de Distribuicao from a neutral rating to a buy rating in a research note on Tuesday, February 27th. Zacks Investment Research lowered shares of Companhia Brasileira de Distribuicao from a hold rating to a strong sell rating in a research note on Thursday, February 22nd. UBS Group raised shares of Companhia Brasileira de Distribuicao from a market perform rating to an outperform rating in a research note on Tuesday, November 21st. Finally, 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. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of Buy and a consensus price target of $28.00.
Shares of Companhia Brasileira de Distribuicao (NYSE CBD) opened at $20.82 on Wednesday. Companhia Brasileira de Distribuicao has a 1-year low of $17.24 and a 1-year high of $25.90. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 0.25. The firm has a market cap of $5,542.68, a P/E ratio of 22.63, a price-to-earnings-growth ratio of 0.96 and a beta of 1.77.
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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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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