Criteo (NASDAQ:CRTO)‘s stock had its “hold” rating reaffirmed by equities researchers at Stifel Nicolaus in a report issued on Thursday.

A number of other brokerages have also commented on CRTO. BMO Capital Markets reaffirmed a “buy” rating and issued a $70.00 target price on shares of Criteo in a research report on Wednesday, September 13th. Zacks Investment Research lowered Criteo from a “hold” rating to a “sell” rating in a research report on Thursday, October 19th. Macquarie began coverage on Criteo in a research report on Thursday, October 12th. They issued a “neutral” rating and a $51.00 target price for the company. Berenberg Bank reaffirmed a “buy” rating and issued a $63.00 target price on shares of Criteo in a research report on Friday, September 22nd. Finally, Deutsche Bank decreased their target price on Criteo to $58.00 and set a “buy” rating for the company in a research report on Tuesday, October 31st. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $53.11.

Shares of Criteo (NASDAQ CRTO) opened at $24.42 on Thursday. Criteo has a 12-month low of $22.00 and a 12-month high of $56.00. The company has a market capitalization of $1,925.13, a PE ratio of 20.93, a P/E/G ratio of 0.96 and a beta of 2.50.

In other news, CFO Benoit Fouilland sold 6,250 shares of the company’s stock in a transaction that occurred on Monday, October 16th. The stock was sold at an average price of $46.02, for a total value of $287,625.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director James Warner sold 1,250 shares of the company’s stock in a transaction that occurred on Tuesday, October 17th. The shares were sold at an average price of $45.97, for a total value of $57,462.50. The disclosure for this sale can be found here. Insiders have sold a total of 52,575 shares of company stock valued at $2,070,376 over the last three months. Corporate insiders own 5.60% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the company. California Public Employees Retirement System grew its holdings in shares of Criteo by 13.1% in the third quarter. California Public Employees Retirement System now owns 71,725 shares of the information services provider’s stock valued at $2,977,000 after acquiring an additional 8,325 shares in the last quarter. Janney Capital Management LLC grew its holdings in shares of Criteo by 46.2% in the third quarter. Janney Capital Management LLC now owns 8,840 shares of the information services provider’s stock valued at $366,000 after acquiring an additional 2,794 shares in the last quarter. Sylebra HK Co Ltd grew its holdings in shares of Criteo by 9.8% in the third quarter. Sylebra HK Co Ltd now owns 1,130,369 shares of the information services provider’s stock valued at $46,910,000 after acquiring an additional 101,199 shares in the last quarter. Point72 Asset Management L.P. bought a new position in shares of Criteo in the third quarter valued at approximately $1,133,000. Finally, Janus Henderson Group PLC grew its holdings in shares of Criteo by 23.9% in the third quarter. Janus Henderson Group PLC now owns 1,358,335 shares of the information services provider’s stock valued at $56,364,000 after acquiring an additional 261,940 shares in the last quarter. 89.43% of the stock is owned by institutional investors.

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Criteo Company Profile

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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