Are Analysts Bearish Companhia Brasileira de Distribuicao-ADR (NYSE:CBD) After Last Week?

Out of 3 analysts covering Companhia Brasileira de Distribuicao (NYSE:CBD), 0 rate it “Buy”, 3 “Sell”, while 0 “Hold”. This means 0% are positive. Companhia Brasileira de Distribuicao was the topic in 6 analyst reports since August 26, 2015 according to StockzIntelligence Inc. Below is a list of Companhia Brasileira de Distribuicao-ADR (NYSE:CBD) latest ratings and price target changes.

24/11/2015 Broker: JP Morgan Rating: Underweight Old Target: $15.00 New Target: $13.00 Target Down
09/11/2015 Broker: Citigroup Old Rating: Buy New Rating: Neutral Downgrade
09/11/2015 Broker: Nomura Old Rating: Buy New Rating: Neutral Downgrade
16/10/2015 Broker: Bank of America Old Rating: Neutral New Rating: Underperform Downgrade
13/10/2015 Broker: JP Morgan Old Rating: Neutral New Rating: Underweight Downgrade

About 617,106 shares traded hands. Companhia Brasileira de Distribuicao-ADR (NYSE:CBD) has declined 49.32% since July 24, 2015 and is downtrending. It has underperformed by 42.23% the S&P500.

Companhia Brasileira De Distribuicao is a Brazil firm which is engaged in the retail of food, clothing, home appliances, fuel, drugs and other products. The company has a market cap of $3.16 billion. The Firm distributes its products through chains of hypermarkets, supermarkets, specialty shops, department stores, fuel stations, drug stores and online shops. It has 15.49 P/E ratio. 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.

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