Criteo (NASDAQ:CRTO) had its price target hoisted by JPMorgan Chase & Co. from $32.00 to $38.00 in a research note published on Thursday. They currently have an overweight rating on the information services provider’s stock.
Other equities research analysts also recently issued reports about the company. Citigroup lowered their price target on Criteo from $61.00 to $51.00 and set a buy rating for the company in a report on Thursday, November 2nd. BMO Capital Markets reiterated a buy rating on shares of Criteo in a report on Thursday, November 2nd. Deutsche Bank lowered their price target on Criteo to $58.00 and set a buy rating for the company in a report on Tuesday, October 31st. Berenberg Bank reiterated a buy rating and issued a $63.00 price target on shares of Criteo in a report on Friday, November 10th. Finally, SunTrust Banks set a $35.00 price target on Criteo and gave the company a buy rating in a report on Thursday, December 14th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and seven have given a buy rating to the company. The stock presently has an average rating of Hold and a consensus price target of $43.59.
Shares of Criteo (CRTO) opened at $31.00 on Thursday. Criteo has a twelve month low of $21.00 and a twelve month high of $56.00. The stock has a market capitalization of $2,045.79, a P/E ratio of 17.42, a price-to-earnings-growth ratio of 1.51 and a beta of 2.25.
In other Criteo news, CEO Eric Eichmann sold 7,153 shares of the business’s stock in a transaction on Monday, January 29th. The stock was sold at an average price of $24.87, for a total transaction of $177,895.11. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jean-Baptiste Rudelle sold 1,261 shares of the business’s stock in a transaction on Tuesday, January 30th. The stock was sold at an average price of $24.78, for a total value of $31,247.58. The disclosure for this sale can be found here. Insiders own 5.60% of the company’s stock.
Hedge funds have recently made changes to their positions in the business. Perigon Wealth Management LLC acquired a new position in Criteo during the 2nd quarter worth $137,000. First Quadrant L P CA acquired a new position in Criteo during the 3rd quarter worth $129,000. Fox Run Management L.L.C. boosted its position in Criteo by 51.0% during the 3rd quarter. Fox Run Management L.L.C. now owns 7,400 shares of the information services provider’s stock worth $307,000 after acquiring an additional 2,500 shares during the period. Verition Fund Management LLC acquired a new position in Criteo during the 2nd quarter worth $417,000. Finally, Janney Capital Management LLC boosted its position in Criteo by 46.2% during the 3rd quarter. Janney Capital Management LLC now owns 8,840 shares of the information services provider’s stock worth $366,000 after acquiring an additional 2,794 shares during the period. Institutional investors own 80.06% of the company’s stock.
Criteo Company Profile
Criteo SA is a France-based company specializing in digital performance marketing. Its solution consists of the Criteo Engine, the Company’s data assets, access to inventory, and its advertiser and publisher platforms. The Criteo Engine consists of various machine learning algorithms, such as prediction, recommendation, bidding and creative algorithms and the global hardware and software infrastructure.
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