Cap Gemini (OTCMKTS:CGEMY) Rating Lowered to Strong Sell at Zacks Research

Cap Gemini (OTCMKTS:CGEMY) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Several other equities analysts have also issued reports on CGEMY. Berenberg Bank raised shares of Cap Gemini to a “hold” rating in a report on Thursday. 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 Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Cap Gemini Trading Up 1.0%

Shares of Cap Gemini stock opened at $32.25 on Thursday. The firm’s 50-day moving average is $32.87 and its two-hundred day moving average is $30.74. Cap Gemini has a 1 year low of $25.98 and a 1 year high of $39.07.

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.