Criteo S.A. (NASDAQ:CRTO): The stock price is expected to reach $ 53 in the short term. The number of analysts agreeing with this consensus is 8. The higher estimate for the short term price target is at $65 while the lower estimate is at $48. The standard deviation of the price stands at $6.05.
Many analysts have stated their opinion on the company shares. Citigroup initiates coverage on Criteo S.A. (NASDAQ:CRTO).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, Citigroup announces the price target of $56 per share. The rating by the firm was issued on April 11, 2016. For the current week, the company shares have a recommendation consensus of Buy.
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Eichmann Eric, officer (Chief Executive Officer) of Criteo S.A., had unloaded 430 shares at an average price of $46 in a transaction dated on June 7, 2016. The total value of the transaction was worth $19,780.
Criteo S.A. (NASDAQ:CRTO) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1.28 points or 2.89% at $43.02 with 976,855 shares getting traded. Post opening the session at $43.85, the shares hit an intraday low of $42.99 and an intraday high of $44.26 and the price was in this range throughout the day. The company has a market cap of $2,713 million and the number of outstanding shares have been calculated to be 63,063,279 shares. The 52-week high of Criteo S.A. (NASDAQ:CRTO) is $57.3027 and the 52-week low is $24.23.
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.