Shares of Criteo S.A. (NASDAQ:CRTO) have received an average rating of “Hold” from the eighteen ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $54.09.

A number of research firms have weighed in on CRTO. TheStreet downgraded Criteo from a “b-” rating to a “c+” rating in a research report on Monday, November 20th. BMO Capital Markets reaffirmed a “buy” rating on shares of Criteo in a research note on Thursday, November 2nd. JMP Securities started coverage on Criteo in a research note on Monday, October 2nd. They set an “outperform” rating and a $60.00 price objective on the stock. Zacks Investment Research raised Criteo from a “hold” rating to a “strong-buy” rating and set a $50.00 price objective on the stock in a research note on Tuesday, October 3rd. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $46.00 price objective (down from $50.00) on shares of Criteo in a research note on Monday, October 2nd.

Criteo (CRTO) traded up $0.60 during midday trading on Thursday, reaching $31.40. The company’s stock had a trading volume of 755,677 shares, compared to its average volume of 914,685. Criteo has a twelve month low of $30.24 and a twelve month high of $56.00. The stock has a market capitalization of $1,912.35, a P/E ratio of 20.79, a price-to-earnings-growth ratio of 0.95 and a beta of 2.50.

In related news, CRO Mary Spilman sold 5,000 shares of the firm’s stock in a transaction dated Friday, November 3rd. The stock was sold at an average price of $37.88, for a total value of $189,400.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Eric Eichmann sold 5,598 shares of the firm’s stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $41.61, for a total value of $232,932.78. The disclosure for this sale can be found here. Insiders have sold 53,825 shares of company stock worth $2,123,138 over the last ninety days. Insiders own 5.60% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of CRTO. Geode Capital Management LLC grew its stake in shares of Criteo by 17.9% in the first quarter. Geode Capital Management LLC now owns 32,248 shares of the information services provider’s stock worth $1,612,000 after purchasing an additional 4,888 shares during the last quarter. US Bancorp DE grew its stake 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 purchasing an additional 1,722 shares during the last quarter. Sei Investments Co. grew its stake in shares of Criteo by 292.7% in the second quarter. Sei Investments Co. now owns 85,462 shares of the information services provider’s stock worth $4,192,000 after purchasing an additional 63,702 shares during the last quarter. Tdam USA Inc. grew its stake in shares of Criteo by 3.0% in the second quarter. Tdam USA Inc. now owns 18,981 shares of the information services provider’s stock worth $931,000 after purchasing an additional 545 shares during the last quarter. Finally, TD Asset Management Inc. grew its stake in shares of Criteo by 95.5% in the second quarter. TD Asset Management Inc. now owns 1,153,744 shares of the information services provider’s stock worth $56,591,000 after purchasing an additional 563,682 shares during the last quarter. 89.44% of the stock is currently owned by institutional investors.

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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)

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