CGG SA (CGG) Rating Increased to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of CGG SA (NYSE:CGG) from a sell rating to a hold rating in a report released on Monday morning.

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. “

A number of other research analysts have also recently commented on CGG. Credit Suisse Group AG started coverage on shares of CGG SA in a research note on Monday, September 19th. They set an underperform rating for the company. HSBC assumed coverage on shares of CGG SA in a research note on Monday, September 19th. They issued a sell rating for the company.

Shares of CGG SA (NYSE:CGG) opened at 28.32 on Monday. The stock has a 50 day moving average price of $25.34 and a 200-day moving average price of $25.50. CGG SA has a 12 month low of $18.88 and a 12 month high of $154.24. The stock’s market cap is $626.81 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.

5 Day Chart for NYSE:CGG

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