Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Criteo (CRTO) Share Price
Media coverage about Criteo (NASDAQ:CRTO) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Criteo earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned media headlines about the information services provider an impact score of 47.1986911193774 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the media headlines that may have impacted Accern’s rankings:
- Criteo Tumbles on Impact of Latest iPhone Web Ad Limiting Tech (finance.yahoo.com)
- Why Criteo S.A. Stock Plummeted Today (finance.yahoo.com)
- Criteo (CRTO) Rating Reiterated by Stifel Nicolaus (americanbankingnews.com)
- Criteo Provides An Update On Its Q4 2017 Outlook And On The Impact On Its Business From Apple’s ITP (finance.yahoo.com)
- Criteo stock plunges on lowered outlook following Apple’s iOS update (finance.yahoo.com)
Several research firms have weighed in on CRTO. Stifel Nicolaus reissued a “hold” rating on shares of Criteo in a report on Thursday. TheStreet lowered Criteo from a “b-” rating to a “c+” rating in a report on Monday, November 20th. Berenberg Bank reissued a “buy” rating and issued a $63.00 target price on shares of Criteo in a report on Friday, November 10th. Susquehanna Bancshares lowered their target price on Criteo from $50.00 to $43.00 and set a “neutral” rating on the stock in a report on Thursday, November 2nd. Finally, Citigroup lowered their target price on Criteo from $61.00 to $51.00 and set a “buy” rating on the stock in a report on Thursday, November 2nd. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $54.32.
In related news, CRO Mary Spilman sold 2,500 shares of the stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $38.03, for a total transaction of $95,075.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Eric Eichmann sold 20,000 shares of the stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $35.41, for a total value of $708,200.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 52,575 shares of company stock worth $2,070,376. Corporate insiders own 5.60% of the company’s stock.
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.
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