Analyst Price Target is $0.00
▼ -100.00% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for CGG in the last 3 months. The average price target is $0.00, with a high forecast of $0.00 and a low forecast of $10,000,000.00. The average price target represents a -100.00% upside from the last price of $0.84.
Current Consensus is
Hold
The current consensus among 2 investment analysts is to hold stock in CGG. This Hold consensus rating has held steady for over two years.
CGG is an integrated geosciences company, which provides geological geophysical and reservoir capabilities to its broad base of customers primarily from the global oil and gas industry. It manufactures geophysical equipment, as a provider of marine, land and airborne data acquisition services. The firm operates its business through the following segments: Contractual Data Acquisition, Geology, Geophysics & Reservoir, Equipment, and Non-Operated Resources. The Contractual Data Acquisition segment comprises of Marine: offshore seismic data acquisition and Land and Multi-Physics and other seismic data acquisition. The Geology, Geophysics & Reservoir segment comprises the Multi-Client Business Line and the Subsurface Imaging and Reservoir business line. The Equipment segment comprises of manufacturing and sales activities for seismic equipment used for data acquisition, both on land and marine. The Non-Operated Resources segment comprises the costs of the non-operated marine resources as well as all of the costs of its Transformation Plan. The company was founded by Conrad Schlumberger on July 23, 1931 and is headquartered in Paris, France.
Read More
