Media headlines about Companhia Brasileira de Distribuicao (NYSE:CBD) have trended positive this week, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Companhia Brasileira de Distribuicao earned a daily sentiment score of 0.30 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.5729689914706 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Several equities research analysts have recently commented on the company. Zacks Investment Research raised Companhia Brasileira de Distribuicao from a “sell” rating to a “hold” rating in a report on Tuesday, January 2nd. Credit Suisse Group raised Companhia Brasileira de Distribuicao from a “neutral” rating to an “outperform” rating in a report on Tuesday, November 7th. Finally, UBS Group raised Companhia Brasileira de Distribuicao from a “market perform” rating to an “outperform” rating in a report on Tuesday, November 21st. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. Companhia Brasileira de Distribuicao presently has an average rating of “Buy” and an average price target of $28.00.
Shares of Companhia Brasileira de Distribuicao (CBD) opened at $20.63 on Friday. Companhia Brasileira de Distribuicao has a twelve month low of $16.93 and a twelve month high of $25.90. The company has a market capitalization of $5,585.27, a P/E ratio of 66.55, a PEG ratio of 0.91 and a beta of 1.75. The company has a quick ratio of 0.98, a current ratio of 1.18 and a debt-to-equity ratio of 0.26.
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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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