Companhia Brasileira de Distribuicao (CBD) : Zacks Investment Research ranks Companhia Brasileira de Distribuicao (CBD) as 3, which is a Hold recommendation. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. The average broker rating of 1 research analysts is 4, which indicates as a Sell.
Companhia Brasileira de Distribuicao has lost 1.63% in the last five trading days and dropped 2.87% in the last 4 weeks. Companhia Brasileira de Distribuicao is up 39.57% in the last 3-month period. Year-to-Date the stock performance stands at 54.61%. Companhia Brasileira de Distribuicao (NYSE:CBD): stock turned positive on Tuesday. Though the stock opened at $16.42, the bulls momentum made the stock top out at $16.6 level for the day. The stock recorded a low of $16.24 and closed the trading day at $16.26, in the green by 0.31%. The total traded volume for the day was 490,087. The stock had closed at $16.21 in the previous days trading.
Companhia Brasileira De Distribuicao (Grupo Pao de Acucar) is a Brazil-based company which is engaged in the retail of food, clothing, home appliances, fuel, drugs and other products. The Company distributes its products through chains of hypermarkets, supermarkets, specialty shops, department stores, fuel stations, drug stores and online shops. It sells products under various brand names, such as Pao de Acucar, Extra, Extra Super, Extra Facil, Assai, Ponto Frio and Casas Bahia, among others. The Company operates 50 distribution centers in 13 Brazilian states and 1,571 stores in 18 Brazilian states as well as one store in Distrito Federal. The Company operates through four segments: Retail, Home Appliances, Cash & Carry and E-commerce. As of December 31, 2011, the Companys subsidiaries included Novasoc Comercial Ltda, Globex Administracao de Consorcios Ltda, Vancouver Empreendimentos e Participacoes Ltda and CBD Holland BV, among others.