Zacks Investment Research upgraded shares of CGG SA (NYSE:CGG) from a sell rating to a hold rating in a research report report published on Monday morning.

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 analysts also recently weighed in on CGG. Credit Suisse Group AG started coverage on CGG SA in a research report on Monday, September 19th. They set an underperform rating for the company. HSBC initiated coverage on CGG SA in a research report on Monday, September 19th. They set a sell rating for the company.

CGG SA (NYSE:CGG) opened at 27.14 on Monday. CGG SA has a 52-week low of $18.88 and a 52-week high of $154.24. The stock’s 50 day moving average price is $25.16 and its 200 day moving average price is $25.47. The firm’s market capitalization is $600.69 million.

About CGG SA

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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