Cencosud SA (CNCO) was Downgraded by Citigroup to ” Neutral”. Earlier the firm had a rating of “Buy ” on the company shares. Citigroup advised their investors in a research report released on May 6, 2016.
Cencosud SA opened for trading at $7.77 and hit $7.85 on the upside on Wednesday, eventually ending the session at $7.8, with a gain of 0.78% or 0.06 points. The heightened volatility saw the trading volume jump to 63,503 shares. Company has a market cap of $7,355 M.