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

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

A number of other equities research analysts have also recently commented on the stock. Berenberg Bank upgraded shares of Cap Gemini to a “hold” rating in a research note on Thursday. Morgan Stanley downgraded shares of Cap Gemini from an “equal weight” rating to an “underweight” rating in a research report on Monday, January 12th. One investment analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

Cap Gemini Stock Up 1.0%

OTCMKTS CGEMY opened at $32.25 on Thursday. Cap Gemini has a 52 week low of $25.98 and a 52 week high of $39.07. The stock’s 50-day moving average price is $32.87 and its 200-day moving average price is $30.74.

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.