Companhia Brasileira de Distribuicao (CBD) has an average broker rating of 4.5, which is interpreted as a Strong Sell, as rated by 2 equity analysts. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.
The shares have received a consensus rating of Sell for the current week Companhia Brasileira de Distribuicao (NYSE:CBD): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.74 and $15.71 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.28. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.23, notching a gain of 3.05% for the day. The total traded volume was 648,772 . The stock had closed at $15.75 on the previous day.
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.