BNP Paribas Reiterates Outperform Rating for Cap Gemini SA (CAP)

Cap Gemini SA (EPA: CAP)‘s stock had its “outperform” rating restated by investment analysts at BNP Paribas in a note issued to investors on Thursday, ARN reports. They currently have a €42.00 ($54.55) target price on the stock.

Cap Gemini SA (EPA: CAP) traded up 4.37% on Thursday, hitting €38.415. Cap Gemini SA has a 1-year low of €25.63 and a 1-year high of €40.10. The stock’s 50-day moving average is currently €0.. The company has a market cap of €6.064 billion and a price-to-earnings ratio of 16.33.

Other equities research analysts have also recently issued reports about the stock. Analysts at Societe Generale reiterated a “buy” rating on shares of Cap Gemini SA in a research note to investors on Tuesday, June 4th. They now have a €46.00 ($59.74) price target on the stock. Separately, analysts at Bryan Garnier & Cie reiterated a “buy” rating on shares of Cap Gemini SA in a research note to investors on Tuesday, May 28th. They now have a €49.00 ($63.64) price target on the stock.

One research analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of €39.50 ($51.30).

Cap Gemini SA is a France-based company engaged in the provision of consulting, outsourcing, technology and local professional services.