Alert: Rating Upgrade (5/22/20)-Companhia Brasileira De Distribu (NYSE: CBD).

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Stock Rating Upgrade

During the last several trading days the Value Trend Rating for Companhia Brasileira De Distribu (NYSE: CBD) rose significantly from F to C reflecting improving fundamentals and high Appreciation Potential.

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Recent Price Action

Companhia Brasileira De Distribu (NYSE: CBD) stock closed at $10.28 on 5/22/20 after a large increase of 2.3%. Moreover, above average trading volume at 131% of normal accompanied the advance. The stock is unchanged during the last week and has been weak relative to the market over the last nine months.

Current PriceTarget Research Rating

CBD’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.

CBD has a current Value Trend Rating of C (Low Neutral). This VT Rating rose significantly in recent days from F previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. CBD has a slightly positive Appreciation Score of 65 but a poor Power Rating of 21, and the Low Neutral Value Trend Rating results.

About John Lafferty 77056 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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