Brokerage Firm Rating Update on Criteo S.A. (CRTO)

Criteo S.A. (CRTO) : Zacks Investment Research ranks Criteo S.A. (CRTO) as 1, which is a Strong Buy recommendation. 7 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 10 research analysts is 1.5, which indicates as a Strong Buy.

Criteo S.A. (CRTO) stock is expected to deviate a maximum of $5.4 from the average target price of $53 for the short term period. 8 Street Experts have initiated coverage on the stock with the most promising target being $63 and the most muted being $48.


For the current week, the company shares have a recommendation consensus of Buy. Also, Equity analysts at the Brokerage firm Citigroup maintains its rating on Criteo S.A. (NASDAQ:CRTO). The rating major has initiated the coverage with buy rating on the shares. The Analysts at Citigroup lowers the price target from $56 per share to $51 per share. The rating by the firm was issued on August 4, 2016.

Criteo S.A. (NASDAQ:CRTO): The stock opened at $36.7 and touched an intraday high of $37.32 on Wednesday. During the day, the stock corrected to an intraday low of $36.36, however, the bulls stepped in and pushed the price higher to close in the green at $36.83 with a gain of 0.79% for the day. The total traded volume for the day was 1,025,156. The stock had closed at $36.54 in the previous trading session.

Criteo S.A. (Criteo) is a global technology company specializing in digital performance marketing. The Companys solution consists of the Criteo Engine, the Companys data assets, access to inventory, and its advertiser and publisher platforms. The Criteo Engine consists of multiple machine learning algorithms-in particular, prediction and recommendation algorithms-and the global hardware and software infrastructure. The Company delivers its solution through a range of marketing channels, including display advertising banners delivered on Web browsers, display advertising banners delivered on social platforms, display advertising banners delivered in mobile applications and marketing e-mail messages delivered to opt-in e-mail addresses. The Company operates in 69 countries through a network of 21 international offices located in Europe, the Americas and the Asia- Pacific region.

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