Shares of Criteo SA (NASDAQ:CRTO) have received an average rating of “Hold” from the twenty research firms that are covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and seven have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $41.46.
CRTO has been the topic of a number of recent analyst reports. Jefferies Group cut Criteo from a “buy” rating to a “hold” rating in a research note on Thursday, November 2nd. Stifel Nicolaus reiterated a “hold” rating and set a $28.00 target price (up from $26.00) on shares of Criteo in a research note on Thursday, February 15th. Macquarie upgraded Criteo from a “neutral” rating to an “outperform” rating in a research note on Tuesday, January 2nd. BMO Capital Markets reiterated a “buy” rating on shares of Criteo in a research note on Thursday, November 2nd. Finally, Citigroup cut Criteo from a “buy” rating to a “neutral” rating and set a $28.00 target price on the stock. in a research note on Friday, December 15th.
Criteo (NASDAQ CRTO) opened at $31.00 on Tuesday. Criteo has a 52 week low of $21.00 and a 52 week high of $56.00. The firm has a market capitalization of $2,045.79, a price-to-earnings ratio of 17.42, a price-to-earnings-growth ratio of 1.51 and a beta of 2.25.
In related news, CEO Eric Eichmann sold 7,153 shares of Criteo stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $24.87, for a total value of $177,895.11. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jean-Baptiste Rudelle sold 1,261 shares of Criteo stock in a transaction dated 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. Company insiders own 5.60% of the company’s stock.
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. State Street Corp increased its holdings in Criteo by 3.2% in the 2nd quarter. State Street Corp now owns 26,727 shares of the information services provider’s stock worth $1,311,000 after acquiring an additional 820 shares during the last quarter. Stifel Financial Corp grew its holdings in Criteo by 8.3% during the 2nd quarter. Stifel Financial Corp now owns 18,279 shares of the information services provider’s stock valued at $895,000 after buying an additional 1,396 shares in the last quarter. California Public Employees Retirement System grew its holdings in Criteo by 2.3% during the 2nd quarter. California Public Employees Retirement System now owns 63,400 shares of the information services provider’s stock valued at $3,110,000 after buying an additional 1,400 shares in the last quarter. First Republic Investment Management Inc. grew its holdings in Criteo by 18.5% during the 3rd quarter. First Republic Investment Management Inc. now owns 11,284 shares of the information services provider’s stock valued at $468,000 after buying an additional 1,762 shares in the last quarter. Finally, Synovus Financial Corp grew its holdings in Criteo by 13.4% during the 3rd quarter. Synovus Financial Corp now owns 16,548 shares of the information services provider’s stock valued at $682,000 after buying an additional 1,960 shares in the last quarter. 80.06% of the stock is owned by institutional investors.
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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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