CGG SA (CGG) Rating Increased 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 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. “

Several other brokerages also recently commented on CGG. Credit Suisse Group AG initiated coverage on shares of CGG SA in a research report on Monday, September 19th. They set an “underperform” rating on the stock. HSBC began coverage on shares of CGG SA in a research note on Monday, September 19th. They set a “sell” rating on the stock.

CGG SA (NYSE:CGG) opened at 13.0923 on Tuesday. The stock’s market cap is $289.77 million. CGG SA has a 52 week low of $13.06 and a 52 week high of $112.96. The company’s 50-day moving average is $23.65 and its 200 day moving average is $24.38.

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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.

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