TGC INDUSTRIES (TGE) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of TGC INDUSTRIES (TGE) from NEUTRAL to UNDERPERFORM on December 03, 2012, with a target price of $7.60.

TGC Industries, Inc. is engaged in the domestic geophysical services business principally through conducting seismic surveys and to a lesser extent through sales of gravity information from the company's data bank to companies engaged in the exploration for oil and gas in the United States. Geophysics is the study of the structure and composition of the earth's interior and involves the measuring and interpretation of the earth's properties with appropriate instruments.

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