News stories about Companhia Brasileira de Distribuicao (NYSE:CBD) have been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources. 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 news impact score of 0.21 on Accern’s scale. Accern also gave headlines about the company an impact score of 47.0374876004777 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Several research firms have issued reports on CBD. BidaskClub upgraded shares of Companhia Brasileira de Distribuicao from a “buy” rating to a “strong-buy” rating in a research note on Monday, July 31st. Zacks Investment Research raised shares of Companhia Brasileira de Distribuicao from a “hold” rating to a “buy” rating and set a $28.00 target price on the stock in a research report on Tuesday, September 26th. Finally, Credit Suisse Group raised 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 issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $28.00.

Companhia Brasileira de Distribuicao (NYSE:CBD) traded down $0.83 during midday trading on Monday, hitting $21.73. 279,800 shares of the stock were exchanged, compared to its average volume of 487,147. Companhia Brasileira de Distribuicao has a twelve month low of $14.08 and a twelve month high of $25.90. The company has a current ratio of 1.18, a quick ratio of 0.98 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $5,784.94, a PE ratio of 28.59, a P/E/G ratio of 1.26 and a beta of 1.89.

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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)

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