Zacks Investment Research upgraded shares of CGG SA (NYSE:CGG) from a sell rating to a hold rating in a research note issued to investors on Tuesday.

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 analysts also recently issued research reports about the company. Credit Suisse Group AG assumed coverage on CGG SA in a research report on Monday, September 19th. They issued an underperform rating for the company. HSBC assumed coverage on CGG SA in a research report on Monday, September 19th. They issued a sell rating for the company.

Shares of CGG SA (NYSE:CGG) opened at 13.1177 on Tuesday. The stock has a 50 day moving average of $24.04 and a 200-day moving average of $24.46. CGG SA has a 12 month low of $13.07 and a 12 month high of $112.96. The company’s market cap is $290.33 million.

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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.

5 Day Chart for NYSE:CGG

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