In a report released today, Mark Zgutowicz from Rosenblatt Securities maintained a Hold rating on Criteo SA (CRTO), with a price target of $23. The company’s shares opened today at $19.09, close to its 52-week low of $17.74.
According to TipRanks.com, Zgutowicz is a 4-star analyst with an average return of 17.4% and a 58.8% success rate. Zgutowicz covers the Technology sector, focusing on stocks such as Spotify Technology SA, Trade Desk Inc, and Wix.com Ltd.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Criteo SA with a $27.67 average price target, a 44.9% upside from current levels. In a report issued on May 1, Macquarie also downgraded the stock to Hold.
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Based on Criteo SA’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $37.8 million. In comparison, last year the company had a net profit of $19.85 million.
Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is negative on the stock.
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Criteo SA is a global technology company, which specializes in digital performance marketing. The firm enables e-commerce companies to leverage large volumes of granular data to engage and convert their customers. Its solutions include criteo shopper graph; criteo engine; publisher network; client platform; and product portfolio.
