Jefferies Financial Group initiated coverage on shares of Capgemini (OTCMKTS:CGEMY) in a report released on Tuesday morning, The Fly reports. The firm issued a buy rating on the business services provider’s stock. Jefferies Financial Group also issued estimates for Capgemini’s FY2021 earnings at $1.89 EPS, FY2022 earnings at $2.17 EPS and FY2023 earnings at $2.40 EPS.
Several other analysts have also commented on the stock. Deutsche Bank Aktiengesellschaft reissued a buy rating on shares of Capgemini in a research note on Friday, October 29th. JPMorgan Chase & Co. restated an overweight rating on shares of Capgemini in a research report on Friday, October 29th. Finally, Morgan Stanley reiterated an overweight rating on shares of Capgemini in a research report on Friday, October 29th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, Capgemini has a consensus rating of Buy.
CGEMY stock opened at $45.53 on Tuesday. Capgemini has a 12 month low of $28.60 and a 12 month high of $49.65. The firm has a 50 day simple moving average of $47.11 and a 200 day simple moving average of $44.57.
Capgemini SE provides consulting, technology, professional, and outsourcing services. Its services include application lifecycle services, application outsourcing services, business process management, business process outsourcing, cloud services, consulting services, cybersecurity, digital customer experience, finance & accounting, global engineering services, infrastructure services, insights & data, local professional services, mobile solutions, procurement, ready2series, service integration, service management, social business, supply chain management, testing services, workforce management.
Recommended Story: The limitations of an equal weight rating
Receive News & Ratings for Capgemini Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capgemini and related companies with MarketBeat.com's FREE daily email newsletter.