Companhia Brasileira de Distribuicao (CBD) Receives Daily News Sentiment Rating of 0.10
News headlines about Companhia Brasileira de Distribuicao (NYSE:CBD) have trended somewhat positive recently, AlphaOne Sentiment Analysis reports. The research firm, a unit of Accern, identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Companhia Brasileira de Distribuicao earned a media sentiment score of 0.10 on AlphaOne’s scale. AlphaOne also assigned news coverage about the company an impact score of 25 out of 100, indicating that recent media coverage is very unlikely to have an effect on the stock’s share price in the next several days.
A number of research analysts have issued reports on the stock. Zacks Investment Research raised shares of Companhia Brasileira de Distribuicao from a “hold” rating to a “buy” rating and set a $23.00 target price for the company in a research note on Tuesday. BidaskClub lowered shares of Companhia Brasileira de Distribuicao from a “strong-buy” rating to a “buy” rating in a research note on Wednesday. Finally, J P Morgan Chase & Co raised shares of Companhia Brasileira de Distribuicao to an “overweight” rating in a research note on Wednesday, March 22nd. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $23.00.
Companhia Brasileira de Distribuicao (CBD) traded down 0.15% on Friday, reaching $20.35. 204,629 shares of the company’s stock were exchanged. The firm has a 50-day moving average of $21.76 and a 200-day moving average of $18.94. The firm’s market capitalization is $5.41 billion. Companhia Brasileira de Distribuicao has a 12 month low of $12.79 and a 12 month high of $24.75.
TRADEMARK VIOLATION WARNING: “Companhia Brasileira de Distribuicao (CBD) Receives Daily News Sentiment Rating of 0.10” was originally posted by Financial Market News and is owned by of Financial Market News. If you are reading this report on another site, it was illegally copied and reposted in violation of United States & international copyright laws. The original version of this report can be viewed at https://www.financial-market-news.com/2017/06/17/companhia-brasileira-de-distribuicao-cbd-receives-daily-news-sentiment-rating-of-0-10.html.
Companhia Brasileira de Distribuicao Company Profile
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.
Receive News & Ratings for Companhia Brasileira de Distribuicao Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Companhia Brasileira de Distribuicao and related companies with MarketBeat.com's FREE daily email newsletter.