Analyst Rating: Will Companhia Brasileira de Distribc SA (CBD) Stock Outperform the Market?

Monday, December 11, 2023 01:52 PM | InvestorsObserver Analysts

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Analyst Rating: Will Companhia Brasileira de Distribc SA (CBD) Stock Outperform the Market?

Analysts who follow Companhia Brasileira de Distribc SA (CBD) on average expect it to decrease -7.89% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns the stock an Analyst Ranking of 2, which means it ranks higher than 2 of stocks, based on data compiled by InvestorsObserver.

Wall Street analysts are rating CBD a Hold today. Find out what this means to you and get the rest of the rankings on CBD!

See Full CBD Report

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Companhia Brasileira de Distribc SA Stock Today?

Companhia Brasileira de Distribc SA (CBD) stock is down -9.55% while the S&P 500 has gained 0.31% as of 1:46 PM on Monday, Dec 11. CBD has fallen -$0.08 from the previous closing price of $0.84 on volume of 479,293 shares. Over the past year the S&P 500 is higher by 15.74% while CBD has fallen -25.49%. CBD lost -$2.31 per share the over the last 12 months. Click Here to get the full Stock Report for Companhia Brasileira de Distribc SA stock.