Criteo SA (NASDAQ:CRTO) has been given a $56.00 price target by stock analysts at RBC Capital Markets in a research report issued to clients and investors on Monday. The brokerage presently has a a “buy” rating on the stock. RBC Capital Markets’ target price would suggest a potential upside of 39.69% from the stock’s current price.

Other research analysts also recently issued research reports about the stock. Jefferies Group dropped their target price on shares of Criteo SA from $65.00 to $63.00 and set a “buy” rating on the stock in a report on Thursday, August 4th. Citigroup Inc. dropped their target price on shares of Criteo SA from $56.00 to $51.00 and set a “buy” rating on the stock in a report on Thursday, August 4th. William Blair restated an “outperform” rating on shares of Criteo SA in a research report on Thursday, August 4th. Zacks Investment Research lowered shares of Criteo SA from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 4th. Finally, TheStreet upgraded shares of Criteo SA from a “hold” rating to a “buy” rating in a research report on Monday, October 31st. Three analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Criteo SA currently has an average rating of “Buy” and an average target price of $49.63.

Analyst Recommendations for Criteo SA (NASDAQ:CRTO)

Criteo SA (NASDAQ:CRTO) opened at 40.09 on Monday. The stock’s 50 day moving average price is $0.00 and its 200 day moving average price is $0.00.

Criteo SA (NASDAQ:CRTO) last announced its earnings results on Wednesday, November 2nd. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.37 by $0.11. The firm had revenue of $177 million for the quarter, compared to the consensus estimate of $173.47 million. Criteo SA had a net margin of 4.96% and a return on equity of 15.99%. The business’s quarterly revenue was up 32.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.16 EPS. Equities research analysts expect that Criteo SA will post $1.92 EPS for the current year.

In other Criteo SA news, insider Jean-Baptiste Rudelle sold 60,000 shares of the business’s stock in a transaction dated Thursday, September 1st. The shares were sold at an average price of $37.96, for a total value of $2,277,600.00. Following the transaction, the insider now directly owns 2,914,358 shares in the company, valued at $110,629,029.68. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Benoit Fouilland sold 876 shares of the business’s stock in a transaction dated Monday, November 7th. The shares were sold at an average price of $42.37, for a total transaction of $37,116.12. Following the completion of the transaction, the chief financial officer now owns 89,807 shares in the company, valued at $3,805,122.59. The disclosure for this sale can be found here. 8.70% of the stock is currently owned by company insiders.

Institutional investors have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. raised its position in Criteo SA by 0.7% in the second quarter. PNC Financial Services Group Inc. now owns 5,611 shares of the company’s stock worth $257,000 after buying an additional 38 shares during the period. Private Advisor Group LLC increased its position in shares of Criteo SA by 1.4% in the second quarter. Private Advisor Group LLC now owns 13,256 shares of the company’s stock worth $574,000 after buying an additional 181 shares in the last quarter. Regent Investment Management LLC increased its position in shares of Criteo SA by 3.6% in the third quarter. Regent Investment Management LLC now owns 9,115 shares of the company’s stock worth $320,000 after buying an additional 315 shares in the last quarter. Independent Portfolio Consultants Inc. increased its position in shares of Criteo SA by 9.1% in the second quarter. Independent Portfolio Consultants Inc. now owns 4,475 shares of the company’s stock worth $205,000 after buying an additional 375 shares in the last quarter. Finally, First Mercantile Trust Co. increased its position in shares of Criteo SA by 14.3% in the second quarter. First Mercantile Trust Co. now owns 10,400 shares of the company’s stock worth $478,000 after buying an additional 1,300 shares in the last quarter. Hedge funds and other institutional investors own 72.66% of the company’s stock.

Criteo SA Company Profile

Criteo SA is a global technology company specializing in digital performance marketing. The Company’s 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.

5 Day Chart for NASDAQ:CRTO

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