CGG SA (CGG) Lifted to “Hold” at Zacks Investment Research
CGG SA (NYSE:CGG) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Monday.
According to Zacks, “CGG operates as a Geoscience company. It provides geophysical services and software products and manufactures geophysical equipment. The Company primarily operates in the Americas, Asia-Pacific, Europe, the former Soviet Union, and Africa. CGG is based in France. “
Other equities research analysts have also recently issued research reports about the company. HSBC started coverage on CGG SA in a research note on Monday, September 19th. They issued a “sell” rating on the stock. Credit Suisse Group AG started coverage on CGG SA in a research note on Monday, September 19th. They issued an “underperform” rating on the stock.
CGG SA (NYSE:CGG) traded up 5.03% on Monday, hitting $27.14. The company had a trading volume of 2,495 shares. The firm has a 50-day moving average price of $25.09 and a 200-day moving average price of $25.51. CGG SA has a 12-month low of $18.88 and a 12-month high of $154.24. The firm’s market capitalization is $600.69 million.
CGG SA Company Profile
CGG SA (CGG) is a manufacturer of geophysical equipment. The Company provides marine, land and airborne data acquisition services, as well as a range of other geoscience services, including data imaging, geoscience and petroleum engineering consulting services, and collecting, developing and licensing geological data.
Receive News & Stock Ratings for CGG SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CGG SA and related stocks with our FREE daily email newsletter.