Cencosud SA (CNCO) is Downgraded by Citigroup to Neutral

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.

Cencosud SA

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