CGG : Change in coverage
Following the departure of one analyst, we terminate the coverage with recommendation of the following issuers: CGG, Constellium, Derichebourg, Fives (Novafives), INEOS Group Holdings, INEOS Quattro, Nexans, Paprec, Quadient, Saipem, Séché Environnement, SNF Group, Vallourec and Webuild. - Previous credit opinions and market recommendations are listed in the table on page 2. We will continue to monitor the newsflow of these issuers in our morning document and intend to resume cove...CGG is a global participant in the geophysical seismic industry. Co. manufactures geophysical equipment and provides marine, land, and airborne data acquisition services. Co. also provides geosciences services, including data imaging, seismic data characterization, geosciences and petroleum engineering consulting services, and collecting, developing and licensing geological data. Co.'s clients are in oil and gas exploration and production industies. Co. divides its activities into four segments: Equipment, Contractual Data Acquisition, Geology, Geophysics and Reservoir (GGR), and Non-Operated Resources, including eight business lines, six Corporate functions, and four Group Departments.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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