Criteo S.A. (CRTO) Receives Consensus Recommendation of “Hold” from Analysts

Criteo S.A. (NASDAQ:CRTO) has been assigned a consensus recommendation of “Hold” from the eighteen analysts that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $54.09.

A number of equities research analysts recently commented on CRTO shares. BMO Capital Markets reissued a “buy” rating and issued a $70.00 price objective on shares of Criteo in a research note on Wednesday, September 13th. Zacks Investment Research cut shares of Criteo from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 26th. Deutsche Bank lowered their price objective on shares of Criteo to $58.00 and set a “buy” rating on the stock in a research note on Tuesday, October 31st. Macquarie started coverage on shares of Criteo in a research note on Thursday, October 12th. They issued a “neutral” rating and a $51.00 price objective on the stock. Finally, Citigroup lowered their price objective on shares of Criteo from $61.00 to $51.00 and set a “buy” rating on the stock in a research note on Thursday, November 2nd.

In other Criteo news, CRO Mary Spilman sold 5,000 shares of the firm’s stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $37.88, for a total transaction of $189,400.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Benoit Fouilland sold 6,250 shares of the firm’s stock in a transaction dated Monday, October 16th. The stock was sold at an average price of $46.02, for a total transaction of $287,625.00. The disclosure for this sale can be found here. Insiders have sold a total of 53,825 shares of company stock worth $2,123,138 over the last ninety days. 5.60% of the stock is owned by corporate insiders.

Institutional investors have recently added to or reduced their stakes in the business. First Quadrant L P CA acquired a new stake in shares of Criteo during the 3rd quarter worth about $129,000. Perigon Wealth Management LLC acquired a new stake in shares of Criteo in the second quarter worth approximately $137,000. Pictet & Cie Europe SA boosted its position in shares of Criteo by 23.5% in the second quarter. Pictet & Cie Europe SA now owns 5,460 shares of the information services provider’s stock worth $268,000 after acquiring an additional 1,040 shares during the last quarter. Fox Run Management L.L.C. boosted its position in shares of Criteo by 51.0% in the third 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 last quarter. Finally, US Bancorp DE boosted its position in shares of Criteo by 35.4% in the second quarter. US Bancorp DE now owns 6,585 shares of the information services provider’s stock worth $323,000 after acquiring an additional 1,722 shares during the last quarter. 89.44% of the stock is currently owned by institutional investors.

Criteo (NASDAQ:CRTO) opened at $30.46 on Thursday. The stock has a market cap of $1,899.56, a PE ratio of 20.66, a PEG ratio of 0.95 and a beta of 2.50. Criteo has a twelve month low of $30.24 and a twelve month high of $56.00.

COPYRIGHT VIOLATION WARNING: “Criteo S.A. (CRTO) Receives Consensus Recommendation of “Hold” from Analysts” was first published by Community Financial News and is owned by of Community Financial News. If you are accessing this article on another publication, it was copied illegally and republished in violation of international trademark and copyright law. The original version of this article can be read at https://www.com-unik.info/2017/12/07/criteo-s-a-crto-receives-consensus-recommendation-of-hold-from-analysts.html.

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.

Analyst Recommendations for Criteo (NASDAQ:CRTO)

What are top analysts saying about Criteo S.A.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Criteo S.A. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit