FY2022 Earnings Forecast for Capgemini SE (OTCMKTS:CGEMY) Issued By Jefferies Financial Group

Capgemini SE (OTCMKTS:CGEMY – Get Rating) – Analysts at Jefferies Financial Group reduced their FY2022 EPS estimates for Capgemini in a research note issued to investors on Tuesday, April 12th. Jefferies Financial Group analyst C. Brennan now anticipates that the business services provider will post earnings of $2.08 per share for the year, down from their prior forecast of $2.15. Jefferies Financial Group also issued estimates for Capgemini’s FY2023 earnings at $2.29 EPS and FY2024 earnings at $2.49 EPS.

Other research analysts have also recently issued research reports about the stock. 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, April 8th. Finally, Citigroup reduced their target price on shares of Capgemini to €230.00 ($250.00) and set a “buy” rating for the company in a report on Tuesday, February 15th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $235.00.

Capgemini stock opened at $41.09 on Thursday. Capgemini has a twelve month low of $35.88 and a twelve month high of $49.65. The company has a 50 day moving average of $41.86 and a 200-day moving average of $44.35.

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.

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