SunTrust Banks set a $35.00 target price on Criteo (NASDAQ:CRTO) in a research report report published on Thursday. The brokerage currently has a buy rating on the information services provider’s stock.

A number of other research firms have also issued reports on CRTO. BMO Capital Markets reissued a buy rating and set a $70.00 target price on shares of Criteo in a research note on Wednesday, September 13th. Zacks Investment Research lowered shares of Criteo from a hold rating to a sell rating in a research note on Thursday, October 19th. Macquarie began coverage on shares of Criteo in a research note on Thursday, October 12th. They issued a neutral rating and a $51.00 price target for the company. Berenberg Bank reaffirmed a buy rating and issued a $63.00 price target on shares of Criteo in a research note on Friday, September 22nd. Finally, Deutsche Bank reduced their price target on shares of Criteo to $58.00 and set a buy rating for the company in a research note on Tuesday, October 31st. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and seven have given a buy rating to the company. Criteo currently has a consensus rating of Hold and a consensus price target of $47.56.

Criteo (CRTO) traded down $1.74 during trading on Thursday, reaching $22.68. 3,246,802 shares of the company’s stock were exchanged, compared to its average volume of 1,570,000. The firm has a market cap of $1,500.00, a price-to-earnings ratio of 15.02, a price-to-earnings-growth ratio of 0.69 and a beta of 2.49. Criteo has a 52-week low of $22.00 and a 52-week high of $56.00.

In other Criteo news, insider Jean-Baptiste Rudelle sold 11,977 shares of the business’s stock in a transaction that occurred on Tuesday, October 31st. The shares were sold at an average price of $41.72, for a total value of $499,680.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Eric Eichmann sold 5,598 shares of the business’s stock in a transaction that occurred on Monday, October 30th. The stock was sold at an average price of $41.61, for a total transaction of $232,932.78. The disclosure for this sale can be found here. In the last quarter, insiders sold 52,575 shares of company stock worth $2,070,376. Company insiders own 5.60% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of CRTO. First Quadrant L P CA bought a new stake in shares of Criteo during the 3rd quarter worth $129,000. Perigon Wealth Management LLC bought a new stake in shares of Criteo during the 2nd quarter worth $137,000. Pictet & Cie Europe SA boosted its holdings in shares of Criteo by 23.5% during the 2nd quarter. Pictet & Cie Europe SA now owns 5,460 shares of the information services provider’s stock worth $268,000 after buying an additional 1,040 shares during the period. Fox Run Management L.L.C. boosted its holdings in shares of Criteo by 51.0% during the 3rd quarter. Fox Run Management L.L.C. now owns 7,400 shares of the information services provider’s stock worth $307,000 after buying an additional 2,500 shares during the period. Finally, US Bancorp DE boosted its holdings in shares of Criteo by 35.4% during the 2nd quarter. US Bancorp DE now owns 6,585 shares of the information services provider’s stock worth $323,000 after buying an additional 1,722 shares during the period. 89.43% of the stock is owned by institutional investors and hedge funds.

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About Criteo

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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