Cap Gemini (OTCMKTS:CGEMY) Upgraded at Zacks Research

Zacks Research upgraded shares of Cap Gemini (OTCMKTS:CGEMY) from a strong sell rating to a strong-buy rating in a report issued on Wednesday,Zacks.com reports.

A number of other research firms also recently issued reports on CGEMY. Morgan Stanley downgraded shares of Cap Gemini from an “equal weight” rating to an “underweight” rating in a research note on Monday, January 12th. Citigroup restated a “buy” rating on shares of Cap Gemini in a report on Tuesday. Finally, Berenberg Bank upgraded Cap Gemini to a “hold” rating in a report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Cap Gemini Trading Up 1.3%

Shares of OTCMKTS CGEMY opened at $24.67 on Wednesday. Cap Gemini has a fifty-two week low of $23.06 and a fifty-two week high of $35.90. The business’s 50 day moving average price is $31.14 and its 200-day moving average price is $30.17.

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.