.png "Criteo SA (NASDAQ: CRTO)")
Criteo SA (CRTO) received a Hold rating and a $23 price target from Rosenblatt Securities analyst Mark Zgutowicz today. The company’s shares opened today at $21.21, close to its 52-week low of $19.13.
Zgutowicz observed:
“We downgrade the stock to Neutral from Buy and lower our PT from $35 to $23.”
According to TipRanks.com, Zgutowicz is a 4-star analyst with an average return of 11.5% and a 53.8% success rate. Zgutowicz covers the Technology sector, focusing on stocks such as Spotify Technology SA, Trade Desk Inc, and Wix.com Ltd.
Currently, the analyst consensus on Criteo SA is a Hold with an average price target of $30.38, a 43.2% upside from current levels. In a report released yesterday, KeyBanc also downgraded the stock to Hold.
See today’s analyst top recommended stocks >>
Criteo SA’s market cap is currently $1.41B and has a P/E ratio of 16.50. The company has a Price to Book ratio of 1.50.
Based on the recent corporate insider activity of 9 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
