Trade Report: Today, CGG SA (CGG) Raised to “Hold” at The Zacks Investment Research

Today, CGG SA (CGG) Raised to “Hold” at The Zacks Investment Research

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. “

A number of other equities research analysts also recently weighed in 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 on the stock. HSBC started 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 firm’s market cap is $289.77 million. CGG SA has a 1-year low of $13.06 and a 1-year high of $112.96. The firm’s 50-day moving average is $23.65 and its 200 day moving average is $24.38.

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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