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Criteo SA (ADR) (NASDAQ:CRTO) target price raised to $50.00, issued a report today by Berenberg Bank

Criteo SA (ADR) (NASDAQ:CRTO) had its target price raised to $50.00 by Berenberg Bank in a report released 10/18/2016. The new target price indicates a possible upside of 0.49% based on the company's last closing price.

Yesterday Criteo SA (ADR) (NASDAQ:CRTO) traded 3.20% higher at $33.58. The company’s 50-day moving average is $35.77 and its 200-day moving average is $40.76. The last closing price is down -14.99% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 78,901 shares of the stock were exchanged, down from an average trading volume of 666,118

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Criteo SA (ADR) has a 52 week low of $24.23 and a 52 week high of $47.81 with a P/E ratio of 31.25 The company’s market cap is currently $0.

In addition to Berenberg Bank reporting its target price, a total of 17 brokers have issued a report on the stock. The consensus target price is $51.29 with 4 brokers rating the stock a strong buy, 12 brokers rating the stock a buy, 3 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Criteo SA (ADR) (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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