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.