Capgemini SE (OTCMKTS:CGEMY) Given Consensus Rating of “Buy” by Brokerages

Shares of Capgemini SE (OTCMKTS:CGEMY – Get Rating) have earned a consensus rating of “Buy” from the eight analysts that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $235.00.

CGEMY has been the subject of a number of analyst reports. Credit Suisse Group started coverage on shares of Capgemini in a report on Thursday, March 31st. They issued an “outperform” rating for the company. Zacks Investment Research upgraded shares of Capgemini from a “sell” rating to a “hold” rating in a report on Friday. Jefferies Financial Group lowered their target price on shares of Capgemini from €270.00 ($296.70) to €240.00 ($263.74) in a report on Tuesday, March 1st. Finally, Citigroup lowered their target price on shares of Capgemini to €230.00 ($252.75) and set a “buy” rating for the company in a report on Tuesday, February 15th.

Shares of OTCMKTS CGEMY traded down $0.85 during midday trading on Wednesday, hitting $40.97. The company had a trading volume of 52,000 shares, compared to its average volume of 58,994. Capgemini has a twelve month low of $35.65 and a twelve month high of $49.65. The business has a 50-day simple moving average of $42.21 and a two-hundred day simple moving average of $44.45.

Capgemini Company Profile (Get Rating)

Capgemini SE provides consulting, digital transformation, technology, and engineering services primarily in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers strategy and transformation services, including strategy, technology, data science, and creative design to support various clients within the digital economy.

Read More