After Truist Financial and JMP Securities gave Criteo SA (NASDAQ: CRTO) a Buy rating last month, the company received another Buy, this time from Rosenblatt Securities. Analyst Mark Zgutowicz reiterated a Buy rating on Criteo SA today and set a price target of $55.00. The company’s shares closed last Wednesday at $39.74.
According to TipRanks.com, Zgutowicz is a top 100 analyst with an average return of 59.3% and a 79.3% success rate. Zgutowicz covers the Technology sector, focusing on stocks such as Spotify Technology SA, Manhattan Associates, and Pinterest.
Criteo SA has an analyst consensus of Moderate Buy, with a price target consensus of $46.88, a 12.9% upside from current levels. In a report released yesterday, JMP Securities also maintained a Buy rating on the stock with a $50.00 price target.
The company has a one-year high of $46.65 and a one-year low of $11.49. Currently, Criteo SA has an average volume of 531.1K.
Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CRTO in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Criteo SA is a global technology company, which specializes in digital performance marketing. The firm enables e-commerce companies to leverage large volumes of granular data to engage and convert their customers. Its solutions include criteo shopper graph; criteo engine; publisher network; client platform; and product portfolio. The company was founded by Jean-Baptiste Rudelle, Franck Le Ouay, Pascal Gauthier, Laurent Quatrefages and Romain Niccoli on November 3, 2005 and is headquartered in Paris, France.
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