Media stories about Companhia Brasileira de Distribuicao (NYSE:CBD) have trended positive on Sunday, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Companhia Brasileira de Distribuicao earned a coverage optimism score of 0.26 on Accern’s scale. Accern also gave news articles about the company an impact score of 47.1893274157668 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Companhia Brasileira de Distribuicao (NYSE:CBD) opened at $22.44 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.18 and a quick ratio of 0.98. Companhia Brasileira de Distribuicao has a 52-week low of $14.08 and a 52-week high of $25.90. The stock has a market cap of $5,973.95, a PE ratio of 29.53, a PEG ratio of 1.30 and a beta of 1.89.
A number of research analysts have recently issued reports on the stock. BidaskClub upgraded shares of Companhia Brasileira de Distribuicao from a “buy” rating to a “strong-buy” rating in a research report on Monday, July 31st. Zacks Investment Research upgraded shares of Companhia Brasileira de Distribuicao from a “hold” rating to a “buy” rating and set a $28.00 price target on the stock in a research report on Tuesday, September 26th. Finally, Credit Suisse Group upgraded shares of Companhia Brasileira de Distribuicao from a “neutral” rating to an “outperform” rating in a research report on Tuesday, November 7th. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. Companhia Brasileira de Distribuicao currently has an average rating of “Buy” and an average price target of $28.00.
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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