CGG : Many meetings in H2
>Neutral recommendation maintained (target price of € 1) - We are sticking with our Neutral rating (target price € 1) on the stock. The uncertainty clouding the real extent of the recovery and its timing is still too great at this stage (sharp acceleration of activity expected in H2 for both GGR and equipment) and we continue to favour E&C players (particularly offshore where there is a sharp acceleration in the projects awarded in Brazil and which can also more easil...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.