Breaking News

Over a week ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Downgrade
CGG downgraded to Hold from Buy at Societe Generale » 17:12
10/13/21
10/13
17:12
10/13/21
17:12
CGGYY

CGG

$2.75 /

+ (+0.00%)

Societe Generale analyst…

Societe Generale analyst Guillaume Delaby downgraded CGG to Hold from Buy with a price target of EUR 0.80, down from EUR 1.14. In a note to investors titled 'High debt rarely helps when you need to reinvent yourself,' Delaby updated his model, lowering 2021-2023 EBITDA and EPS expectations and modeling no deleveraging over 2021-2023, which led to the downgrade. The analyst also said CGG "appears fragile as it must reinvent a mainly oil-related business."

ShowHide Related Items >><<
CGGYY CGG
$2.75 /

+ (+0.00%)

07/14/21 Barclays
CGG price target lowered to EUR 1.10 from EUR 1.30 at Barclays
03/08/21 Barclays
CGG price target raised to EUR 1.30 from EUR 1.10 at Barclays
03/08/21 Societe Generale
Societe Generale downgrades CGG to Hold, sees share price 'capped' by debt
03/08/21 Societe Generale
CGG downgraded to Hold from Buy at Societe Generale
Over a quarter ago
Recommendations
CGG price target lowered to EUR 1.10 from EUR 1.30 at Barclays » 12:53
07/14/21
07/14
12:53
07/14/21
12:53
CGGYY

CGG

$2.75 /

+ (+0.00%)

Barclays analyst Mick…

Barclays analyst Mick Pickup lowered the firm's price target on CGG to EUR 1.10 from EUR 1.30 and keeps an Equal Weight rating on the shares.

ShowHide Related Items >><<
CGGYY CGG
$2.75 /

+ (+0.00%)

03/08/21 Barclays
CGG price target raised to EUR 1.30 from EUR 1.10 at Barclays
03/08/21 Societe Generale
Societe Generale downgrades CGG to Hold, sees share price 'capped' by debt
03/08/21 Societe Generale
CGG downgraded to Hold from Buy at Societe Generale
11/09/20 Barclays
CGG price target lowered to EUR 1.10 from EUR 1.40 at Barclays
Recommendations
CGG price target raised to EUR 1.30 from EUR 1.10 at Barclays » 15:11
03/08/21
03/08
15:11
03/08/21
15:11
CGGYY

CGG

$2.75 /

+ (+0.00%)

Barclays analyst Mick…

Barclays analyst Mick Pickup raised the firm's price target on CGG to EUR 1.30 from EUR 1.10 and kept an Equal Weight rating on the shares.

ShowHide Related Items >><<
CGGYY CGG
$2.75 /

+ (+0.00%)

03/08/21 Societe Generale
Societe Generale downgrades CGG to Hold, sees share price 'capped' by debt
03/08/21 Societe Generale
CGG downgraded to Hold from Buy at Societe Generale
11/09/20 Barclays
CGG price target lowered to EUR 1.10 from EUR 1.40 at Barclays
07/31/20 Societe Generale
CGG downgraded to Hold from Buy at Societe Generale
Downgrade
Societe Generale downgrades CGG to Hold, sees share price 'capped' by debt » 06:59
03/08/21
03/08
06:59
03/08/21
06:59
CGGYY

CGG

$2.75 /

+ (+0.00%)

As previously reported,…

As previously reported, Societe Generale analyst Guillaume Delaby downgraded CGG to Hold from Buy with a price target of EUR 1.17, up from EUR 0.67. While he believes that future operating leverage is underestimated and that upcoming earnings "may surprise on the upside," Delaby also views the share price as "structurally capped" as long as CGG's $1.3B in gross debt has not been refinanced, he tells investors.

ShowHide Related Items >><<
CGGYY CGG
$2.75 /

+ (+0.00%)

03/08/21 Societe Generale
CGG downgraded to Hold from Buy at Societe Generale
11/09/20 Barclays
CGG price target lowered to EUR 1.10 from EUR 1.40 at Barclays
07/31/20 Societe Generale
CGG downgraded to Hold from Buy at Societe Generale
06/04/20 Societe Generale
CGG upgraded to Buy from Hold at Societe Generale
Downgrade
CGG downgraded to Hold from Buy at Societe Generale » 05:29
03/08/21
03/08
05:29
03/08/21
05:29
CGGYY

CGG

$2.75 /

+ (+0.00%)

Societe Generale analyst…

Societe Generale analyst Guillaume Delaby downgraded CGG to Hold from Buy with a EUR 1.17 price target.

ShowHide Related Items >><<
CGGYY CGG
$2.75 /

+ (+0.00%)

11/09/20 Barclays
CGG price target lowered to EUR 1.10 from EUR 1.40 at Barclays
07/31/20 Societe Generale
CGG downgraded to Hold from Buy at Societe Generale
06/04/20 Societe Generale
CGG upgraded to Buy from Hold at Societe Generale
05/12/20 Oddo BHF
CGG downgraded to Neutral from Buy at Oddo BHF
Recommendations
CGG price target lowered to EUR 1.10 from EUR 1.40 at Barclays » 17:35
11/09/20
11/09
17:35
11/09/20
17:35
CGGYY

CGG

$2.75 /

+ (+0.00%)

Barclays analyst Mick…

Barclays analyst Mick Pickup lowered the firm's price target on CGG to EUR 1.10 from EUR 1.40 and keeps an Equal Weight rating on the shares.

ShowHide Related Items >><<
CGGYY CGG
$2.75 /

+ (+0.00%)

07/31/20 Societe Generale
CGG downgraded to Hold from Buy at Societe Generale
06/04/20 Societe Generale
CGG upgraded to Buy from Hold at Societe Generale
05/12/20 Oddo BHF
CGG downgraded to Neutral from Buy at Oddo BHF
04/21/20 Societe Generale
CGG downgraded to Hold from Buy at Societe Generale

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.