Criteo SA Given New $39.00 Price Target at Societe Generale (CRTO)
Societe Generale reduced their price objective on shares of Criteo SA (NASDAQ:CRTO) from $46.00 to $39.00 in a research note issued on Wednesday, AR Network reports. Societe Generale’s target price points to a potential upside of 32.11% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Goldman Sachs initiated coverage on shares of Criteo SA in a research note on Monday, April 28th. They set a “neutral” rating and a $36.00 price target on the stock. Analysts at Jefferies Group raised their price target on shares of Criteo SA from $44.00 to $46.00 in a research note on Thursday, February 13th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $42.17.
Criteo SA (NASDAQ:CRTO) traded up 12.47% during mid-day trading on Wednesday, hitting $33.20. The stock had a trading volume of 1,178,915 shares. Criteo SA has a 52-week low of $25.16 and a 52-week high of $60.95. The stock’s 50-day moving average is $34.77 and its 200-day moving average is $37.26. The company has a market cap of $1.907 billion and a P/E ratio of 328.00.
Criteo SA (NASDAQ:CRTO) last announced its earnings results on Tuesday, May 6th. The company reported $0.06 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.09 by $0.04. The company had revenue of $152.50 million for the quarter, compared to the consensus estimate of $141.29 million. The company’s quarterly revenue was up 60.7% on a year-over-year basis. On average, analysts predict that Criteo SA will post $0.36 earnings per share for the current fiscal year.
Criteo SA enables companies to engage and convert their customers online whether they are on a desktop, laptop, tablet or smartphone.
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