Stifel Nicolaus Increases Criteo Sp Ads Price Target to $46.00 (CRTO)
Research analysts at Stifel Nicolaus raised their price objective on shares of Criteo Sp Ads (NASDAQ:CRTO) from $45.00 to $46.00 in a report released on Wednesday, Analyst Ratings Network reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ price objective would suggest a potential upside of 16.98% from the company’s current price.
A number of other analysts have also recently weighed in on CRTO. Analysts at JPMorgan Chase & Co. raised their price target on shares of Criteo Sp Ads from $42.00 to $44.00 in a research note on Wednesday. Separately, 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. Finally, 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. Seven analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and a consensus target price of $44.00.
Shares of Criteo Sp Ads (NASDAQ:CRTO) traded up 4.42% during mid-day trading on Wednesday, hitting $38.76. The stock had a trading volume of 620,530 shares. 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 posted its quarterly earnings results on Tuesday, February 11th. The company reported $0.06 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.12 by $0.07. The company had revenue of $135.89 million for the quarter. Criteo Sp Ads’s revenue was up 57.0% compared to the same quarter last year. Analysts expect that Criteo Sp Ads will post $0.14 EPS for the current fiscal year.
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