Compagnie Generale de Gephysqu Vrts SA Stock Rating Lowered by Zacks (CGG)
Compagnie Generale de Gephysqu Vrts SA (NYSE:CGG) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a report issued on Friday. They currently have a $13.70 price objective on the stock. Zacks‘s target price indicates a potential downside of 5.26% from the stock’s previous close.
Compagnie Generale de Gephysqu Vrts SA (NYSE:CGG) traded up 1.87% on Friday, hitting $14.73. 29,434 shares of the company’s stock traded hands. Compagnie Generale de Gephysqu Vrts SA has a 1-year low of $12.68 and a 1-year high of $25.85. The stock has a 50-day moving average of $14.08 and a 200-day moving average of $15.84. The company’s market cap is $2.606 billion.
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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