What is Wall Street's Target Price for Companhia Brasileira de Distribuicao SA (CBD) Stock Tuesday?

Tuesday, September 05, 2023 03:26 PM | InvestorsObserver Analysts

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What is Wall Street's Target Price for Companhia Brasileira de Distribuicao SA (CBD) Stock Tuesday?

InvestorsObserver is giving Companhia Brasileira de Distribuicao SA (CBD) an Analyst Rating Rank of 2, meaning CBD is ranked higher by analysts than 2% of stocks. The average price target for CBD is $4.05 and analyst’s rate the stock as a Hold.

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 Distribuicao SA Stock Today?

Companhia Brasileira de Distribuicao SA (CBD) stock is trading at $0.92 as of 3:26 PM on Tuesday, Sep 5, a loss of -$0.04, or -4.64% from the previous closing price of $0.96. The stock has traded between $0.92 and $0.96 so far today. Volume today is below average. So far 950,614 shares have traded compared to average volume of 3,883,764 shares. Click Here to get the full Stock Report for Companhia Brasileira de Distribuicao SA stock.