A report released today by Berenberg about Criteo (NASDAQ:CRTO) raises the target price to $50.00
- Updated: October 18, 2016
In a report announced on 10/18/2016 Berenberg bumped up the target of Criteo (NASDAQ:CRTO) to $50.00 reporting a possible upside of 0.49%.
Just yesterday Criteo (NASDAQ:CRTO) traded 3.20% higher at $33.58. The company’s 50-day moving average is $35.77 and its two hundred day average is $40.76. With the last close down -14.99% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time. 78,901 shares of the stock traded hands, down from an avg. volume of 666,118
Criteo has a 52 week low of $24.23 and a 52 week high of $47.81 with a P/E ratio of 31.25 CRTO’s total market value is presently $0.
A total of 17 firms have issued a ratings update on the stock. 4 analysts rating the company a strong buy, 12 brokerages rating the company a buy, 3 equity analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $51.29.
Brief Synopsis About Criteo (NASDAQ:CRTO)
Criteo S.A. 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. The Criteo Engine delivers advertisements through multiple marketing channels and formats, including display advertising banners, native advertising banners and marketing messages delivered to opt-in e-mail addresses. Advertisements are delivered on all devices and screens, including Web browsers on desktops and laptops, mobile Web browsers on smartphones and tablets, as well as mobile applications. It operates in approximately 90 countries through a network of over 30 international offices located in Europe, the Americas and the Asia-Pacific region.
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