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Compagnie Generale de Gephysqu Vrts SA (NYSE:CGG) was downgraded by stock analysts at UBS AG from a “buy” rating to a “neutral” rating in a report issued on Thursday, TheFlyOnTheWall.com reports.

Other equities research analysts have also recently issued reports about the stock. Analysts at Goldman Sachs Group Inc. upgraded shares of Compagnie Generale de Gephysqu Vrts SA from a “sell” rating to a “neutral” rating in a research note to investors on Thursday, December 19th. Separately, analysts at Natixis downgraded shares of Compagnie Generale de Gephysqu Vrts SA from a “buy” rating to a “neutral” rating in a research note to investors on Wednesday, December 18th. Finally, analysts at Societe Generale downgraded shares of Compagnie Generale de Gephysqu Vrts SA from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, December 18th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company’s stock. Compagnie Generale de Gephysqu Vrts SA presently has a consensus rating of “Hold” and a consensus target price of $20.60.

Shares of Compagnie Generale de Gephysqu Vrts SA (NYSE:CGG) opened at 17.35 on Thursday. Compagnie Generale de Gephysqu Vrts SA has a 1-year low of $15.77 and a 1-year high of $31.12. The stock has a 50-day moving average of $19.20 and a 200-day moving average of $22.5. The company has a market cap of $3.069 billion and a P/E ratio of 25.17.

CGG SA, formerly Compagnie Generale de Geophysique-Veritas, is a manufacturer of geophysical equipment and a provider of a range of seismic services in data acquisition and processing both onshore and offshore, principally to clients in the oil and gas exploration and production industry.

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