Analysts Set Criteo S.A. (NASDAQ:CRTO) Target Price at $28.39

Criteo S.A. (NASDAQ:CRTOGet Free Report) has received an average rating of “Hold” from the nine research firms that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $27.9444.

Several research firms have issued reports on CRTO. Weiss Ratings restated a “sell (d+)” rating on shares of Criteo in a research report on Monday, April 20th. Susquehanna set a $18.00 price objective on Criteo in a research note on Thursday, February 12th. Wall Street Zen lowered Criteo from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. Benchmark dropped their price objective on Criteo from $30.00 to $25.00 and set a “buy” rating for the company in a research note on Thursday, May 7th. Finally, Stifel Nicolaus dropped their price objective on Criteo from $30.00 to $29.00 and set a “buy” rating for the company in a research note on Monday, April 13th.

View Our Latest Analysis on Criteo

Insider Transactions at Criteo

In other Criteo news, Director Der Kooi Frederik Van acquired 5,000 shares of the company’s stock in a transaction that occurred on Friday, March 13th. The stock was bought at an average price of $17.81 per share, with a total value of $89,050.00. Following the completion of the purchase, the director owned 26,600 shares of the company’s stock, valued at approximately $473,746. This represents a 23.15% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 1.66% of the company’s stock.

Institutional Investors Weigh In On Criteo

Several large investors have recently added to or reduced their stakes in the business. WealthCollab LLC raised its position in Criteo by 147.5% during the first quarter. WealthCollab LLC now owns 1,371 shares of the information services provider’s stock valued at $25,000 after purchasing an additional 817 shares in the last quarter. Rockefeller Capital Management L.P. raised its position in Criteo by 185.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,446 shares of the information services provider’s stock valued at $30,000 after purchasing an additional 940 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Criteo during the second quarter valued at about $30,000. Covestor Ltd raised its position in Criteo by 125.2% during the third quarter. Covestor Ltd now owns 1,763 shares of the information services provider’s stock valued at $40,000 after purchasing an additional 980 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its position in Criteo by 1,376.7% during the first quarter. Jones Financial Companies Lllp now owns 1,270 shares of the information services provider’s stock valued at $45,000 after purchasing an additional 1,184 shares in the last quarter. Institutional investors own 94.27% of the company’s stock.

Criteo Price Performance

NASDAQ:CRTO opened at $16.15 on Friday. The company has a market cap of $805.22 million, a P/E ratio of 7.55 and a beta of 0.34. The stock’s fifty day moving average price is $18.25 and its two-hundred day moving average price is $19.37. Criteo has a 1 year low of $15.57 and a 1 year high of $30.64.

Criteo (NASDAQ:CRTOGet Free Report) last posted its earnings results on Tuesday, March 31st. The information services provider reported $0.73 earnings per share (EPS) for the quarter. The firm had revenue of $424.64 million for the quarter. Criteo had a return on equity of 14.98% and a net margin of 6.06%. On average, analysts expect that Criteo will post 3.14 earnings per share for the current fiscal year.

Criteo Company Profile

(Get Free Report)

Criteo is a global technology company specializing in digital performance advertising and commerce media solutions. The company provides a range of AI-driven ad products designed to help brands, retailers, and agencies deliver personalized promotional messages to consumers across web, mobile, and connected TV environments. By leveraging large-scale data analytics and machine learning algorithms, Criteo’s platform optimizes the timing, placement, and creative of ads to drive engagement and conversions.

At the core of Criteo’s offering is its dynamic retargeting solution, which enables advertisers to automatically generate and display personalized product recommendations based on user behavior.

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Analyst Recommendations for Criteo (NASDAQ:CRTO)

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