Criteo Sp Ads Price Target Increased to $44.00 by Analysts at JPMorgan Chase & Co. (CRTO)
Analysts at JPMorgan Chase & Co. raised their price objective on shares of Criteo Sp Ads (NASDAQ:CRTO) from $42.00 to $44.00 in a research report issued to clients and investors on Wednesday, Analyst RN reports. JPMorgan Chase & Co.’s price target would suggest a potential upside of 11.89% from the company’s current price.
Criteo Sp Ads (NASDAQ:CRTO) traded up 4.42% during mid-day trading on Wednesday, hitting $38.76. 620,530 shares of the company’s stock traded hands. Criteo Sp Ads has a 1-year low of $28.27 and a 1-year high of $45.00. The stock has a 50-day moving average of $34.70 and a 200-day moving average of $34.26. The company’s market cap is $1.828 billion.
Criteo Sp Ads (NASDAQ:CRTO) last announced its earnings results on Tuesday, February 11th. The company reported $0.06 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.12 by $0.07. The company had revenue of $135.89 million for the quarter. The company’s quarterly revenue was up 57.0% on a year-over-year basis. On average, analysts predict that Criteo Sp Ads will post $0.14 earnings per share for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Socgen initiated coverage on shares of Criteo Sp Ads in a research note on Friday, December 20th. They set a “buy” rating and a $44.00 price target on the stock. Separately, analysts at Societe Generale initiated coverage on shares of Criteo Sp Ads in a research note on Friday, December 20th. They set a “buy” rating and a $44.00 price target on the stock. Finally, analysts at Stifel Nicolaus initiated coverage on shares of Criteo Sp Ads in a research note on Monday, November 25th. They set a “buy” rating and a $45.00 price target on the stock. Seven research analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average target price of $44.00.
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