Cap Gemini (OTCMKTS:CGEMY) Stock Rating Upgraded by Berenberg Bank

Cap Gemini (OTCMKTS:CGEMY) was upgraded by equities research analysts at Berenberg Bank to a “hold” rating in a note issued to investors on Thursday,Zacks.com reports.

A number of other research analysts have also issued reports on CGEMY. Morgan Stanley lowered Cap Gemini from an “equal weight” rating to an “underweight” rating in a report on Monday, January 12th. Zacks Research downgraded Cap Gemini from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. One analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Cap Gemini presently has a consensus rating of “Sell”.

Cap Gemini Price Performance

Shares of CGEMY stock opened at $32.25 on Thursday. The firm has a 50 day moving average of $32.87 and a two-hundred day moving average of $30.74. Cap Gemini has a 52 week low of $25.98 and a 52 week high of $39.07.

Cap Gemini Company Profile

Cap Gemini (OTCMKTS: CGEMY), commonly known as Capgemini, is a global professional services and consulting firm that provides technology-led business transformation services. The company’s core activities include management and IT consulting, systems integration, application development and maintenance, cloud migration and managed services. Capgemini delivers solutions across the digital value chain, combining strategy, design, engineering and operations to help clients modernize legacy systems, implement cloud platforms, deploy data and AI capabilities, and secure IT environments.

Founded in 1967 by Serge Kampf and headquartered in Paris, Capgemini has grown through organic expansion and strategic acquisitions to broaden its capabilities and geographic footprint.