Cap Gemini (OTCMKTS:CGEMY) Upgraded by Zacks Research to Strong-Buy Rating

Cap Gemini (OTCMKTS:CGEMY) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “strong-buy” rating in a note issued to investors on Wednesday,Zacks.com reports.

Other analysts also recently issued reports about the stock. Citigroup reiterated a “buy” rating on shares of Cap Gemini in a research note on Tuesday. Berenberg Bank raised shares of Cap Gemini to a “hold” rating in a research note on Thursday, January 22nd. Finally, Morgan Stanley cut Cap Gemini from an “equal weight” rating to an “underweight” rating in a research report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Cap Gemini Price Performance

CGEMY opened at $24.35 on Wednesday. The stock’s 50 day moving average price is $31.34 and its 200-day moving average price is $30.20. Cap Gemini has a 52-week low of $23.06 and a 52-week high of $35.90.

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.