Cap Gemini (OTCMKTS:CGEMY) Upgraded at Berenberg Bank

Berenberg Bank upgraded shares of Cap Gemini (OTCMKTS:CGEMY) to a hold rating in a research note released on Thursday morning,Zacks.com reports.

A number of other brokerages have also commented on CGEMY. Zacks Research lowered Cap Gemini from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Morgan Stanley cut Cap Gemini from an “equal weight” rating to an “underweight” rating in a research note on Monday, January 12th. One investment analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Cap Gemini Trading Up 1.0%

Shares of OTCMKTS CGEMY opened at $32.25 on Thursday. The firm’s 50-day moving average price is $32.87 and its 200-day moving average price is $30.72. Cap Gemini has a 1-year low of $25.98 and a 1-year high of $39.07.

About Cap Gemini

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.