Loading...

CBD - Companhia Brasileira de Distribuição

Analyst Upgrade Signal for 05-04-2022
Analyst Upgrade Signal: CBD from Underperform to Buy by BofA Securities
Price Target: $--



Stock Signal Information


Signal

Analyst Upgrade Stock
Report Date: 05-04-2022
Symbol: CBD - Companhia Brasileira de Distribuição
Sector: Consumer Cyclical
Industry: Department Stores
Analyst Upgrade Signal: CBD from Underperform to Buy by BofA Securities
Price Target: $--

  CBD Technical Chart

Company Contact

Companhia Brasileira de Distribuição (CBD)
Avenida Brigadeiro Luiz Antonio, 3142
Sao Paulo, SP 01402-901
Phone: 55 11 3886 0421
Website: http://www.gpari.com.br
CEO: Mr. Peter Paul Loureno Estermann


Company Profile

Companhia Brasileira de Distribuição engages in the retail of food, clothing, home appliances, electronics, and other products through its chain of hypermarkets, supermarkets, specialized stores, and department stores in Brazil. The company operates through two segments, Food Retail; and Cash and Carry. The Food retail segment sells non-perishables, beverages, fruits, vegetables, meat, breads, cold cuts, dairy products, cleaning products, disposable products, and personal care products; and home appliances and non-food products, such as clothing and baby items, shoes and accessories, household articles, books, magazines, CDs and DVDs, stationery, handcrafts, toys, sports and camping gears, furniture, mobile phones, mattresses, pet products, and gardening equipment and tools, as well as electronic products, including personal computers, software, computer accessories, and sound and image systems. This segment also offers medications and cosmetics at its drugstores; and non-food products at gas stations, as well as rents commercial spaces. It operates its supermarkets under the banners of Pão de Açúcar, Extra Supermercado, Mercado Extra, and Compre Bem; hypermarkets under the banner of Extra Hiper; and proximity stores under the banners of Mini Extra, Minuto Pão de Açúcar, Pão de Açúcar Adega, and Aliados Minimercado; and gas stations and drugstores under the banners of Extra and Pão de Açúcar, as well as sells its products through its Websites, paodeacucar.com and extra.com.br. The Cash and Carry segment sells grocery, food, perishable, beverage, wrapping, hygiene and cleaning products, and other products to resellers, intermediate consumers, and retail customers through the Assaí banner. As of December 31, 2018, the company operated 863 stores, 71 gas stations, and 123 drugstores in 18 Brazilian states and the Federal District, as well as 22 distribution centers and depots across Brazil. The company was founded in 1948 and is headquartered in São Paulo, Brazil.