Shares of Criteo S.A. (NASDAQ:CRTO) have been given a consensus recommendation of “Hold” by the sixteen research firms that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and nine have issued a buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $56.71.

Several equities analysts have commented on CRTO shares. Cowen and Company reaffirmed an “outperform” rating and issued a $60.00 price target on shares of Criteo in a report on Thursday, June 22nd. Royal Bank Of Canada upped their price target on Criteo from $56.00 to $60.00 and gave the company an “outperform” rating in a report on Thursday, May 4th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $48.80 price target (down previously from $66.00) on shares of Criteo in a report on Tuesday, June 6th. BidaskClub raised Criteo from a “sell” rating to a “hold” rating in a report on Wednesday, June 21st. Finally, BMO Capital Markets started coverage on Criteo in a report on Tuesday, August 1st. They issued an “outperform” rating and a $70.00 price target for the company.

Shares of Criteo (NASDAQ:CRTO) opened at 46.28 on Tuesday. Criteo has a 52 week low of $32.83 and a 52 week high of $56.00.

Criteo (NASDAQ:CRTO) last announced its earnings results on Wednesday, August 2nd. The information services provider reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.05. Criteo had a return on equity of 13.94% and a net margin of 3.48%. The firm had revenue of $220 million during the quarter, compared to the consensus estimate of $212.55 million. During the same quarter in the prior year, the company earned $0.33 EPS. The firm’s revenue for the quarter was up 32.5% compared to the same quarter last year. Equities analysts predict that Criteo will post $2.43 EPS for the current year.

In other news, Director James Warner sold 1,250 shares of the stock in a transaction that occurred on Thursday, June 15th. The stock was sold at an average price of $46.98, for a total value of $58,725.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Pesquidoux Hubert De sold 10,000 shares of the stock in a transaction that occurred on Friday, June 2nd. The stock was sold at an average price of $52.63, for a total value of $526,300.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 548,485 shares of company stock valued at $26,884,999. 5.60% of the stock is currently owned by insiders.

Institutional investors have recently modified their holdings of the company. FMR LLC boosted its position in shares of Criteo by 1.2% in the second quarter. FMR LLC now owns 6,475,439 shares of the information services provider’s stock worth $317,620,000 after buying an additional 76,439 shares during the last quarter. Epoch Investment Partners Inc. boosted its position in shares of Criteo by 81.3% in the second quarter. Epoch Investment Partners Inc. now owns 1,937,334 shares of the information services provider’s stock worth $95,027,000 after buying an additional 868,634 shares during the last quarter. Comgest Global Investors S.A.S. boosted its position in shares of Criteo by 1.8% in the second quarter. Comgest Global Investors S.A.S. now owns 1,930,692 shares of the information services provider’s stock worth $94,700,000 after buying an additional 34,500 shares during the last quarter. Carmignac Gestion boosted its position in shares of Criteo by 1.1% in the second quarter. Carmignac Gestion now owns 1,788,456 shares of the information services provider’s stock worth $87,724,000 after buying an additional 19,316 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Criteo by 111.4% in the first quarter. Bank of New York Mellon Corp now owns 1,638,336 shares of the information services provider’s stock worth $81,899,000 after buying an additional 863,485 shares during the last quarter. 84.40% 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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