Cnova NV (CNV) is Upgraded by Goldman to Neutral

Cnova NV (CNV) was Upgraded by Goldman to ” Neutral”. Earlier the firm had a rating of “Sell ” on the company shares. Goldman advised their investors in a research report released on May 19, 2016.

Many Wall Street Analysts have commented on Cnova NV. Cnova NV was Upgraded by JP Morgan to ” Overweight” on Apr 13, 2016.

Cnova NV opened for trading at $5 and hit $5.02 on the upside on Monday, eventually ending the session at $5.01, with a gain of 0.60% or 0.03 points. The heightened volatility saw the trading volume jump to 31,961 shares. Company has a market cap of $2,211 M.

Cnova N.V. is an e-commerce company with operations in Europe Latin America Asia and Africa. The Company operates in two segments: Cdiscount and Cnova Brazil. Cdiscount segment consists of amounts earned from retail sales of consumer products through Cdiscount.com and monshowroom.com Websites in France and other Websites created by Cdiscount outside of France. Cnova Brazil consists of amounts earned from retail sales of consumer products through Websites in Brazil Extra.com.br PontoFrio.com.br CasasBahia.com.br Barateiro.com.br PartiuViagens.com.br wholesale activities and E-Hub. The Company also operates sites in France including Comptoir Sante which offers health and beauty products; MonCornerDeco.com which is focused on home decor; MonShowroom.com which is focused on apparel; moncornerbaby.com which is an online seller of infant care products and toys and moncornerbrico.com which is an online seller of home improvement products for the do-it-yourself (DIY) consumers.

Cnova NV

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Cnova NV - Is it time to Sell?

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