Compagnie Generale de Gephysqu Vrts SA Given Average Recommendation of “Hold” by Brokerages (NYSE:CGG)
Compagnie Generale de Gephysqu Vrts SA (NYSE:CGG) has received a consensus rating of “Hold” from the nine analysts that are covering the stock, StockRatingsNetwork reports. One equities research analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $13.70.
A number of research firms have recently commented on CGG. Analysts at Zacks downgraded shares of Compagnie Generale de Gephysqu Vrts SA from a “neutral” rating to an “underperform” rating in a research note on Friday. They now have a $13.70 price target on the stock.
Compagnie Generale de Gephysqu Vrts SA (NYSE:CGG) traded down 1.22% during mid-day trading on Monday, hitting $14.55. The stock had a trading volume of 2,412 shares. Compagnie Generale de Gephysqu Vrts SA has a one year low of $12.68 and a one year high of $25.85. The stock’s 50-day moving average is $14.01 and its 200-day moving average is $15.80. The company’s market cap is $2.574 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.