Analysts at KeyBanc Reiterate their Past ‘”Buy”’ rating on Shares Criteo SA (NASDAQ:CRTO), Set a $50.0000 Target

May 17, 2018 - By Nellie Frank

Criteo S.A. (NASDAQ:CRTO) Logo

Investors sentiment decreased to 0.76 in 2017 Q4. Its down 0.25, from 1.01 in 2017Q3. It dived, as 53 investors sold Criteo S.A. shares while 35 reduced holdings. 25 funds opened positions while 42 raised stakes. 40.54 million shares or 18.35% less from 49.65 million shares in 2017Q3 were reported.

Pictet & Cie (Europe) reported 11,310 shares or 0.04% of all its holdings. Atlantic Trust Grp Ltd Liability Corporation holds 275 shares. Capital Fund Management Sa holds 0.01% or 98,646 shares. Bnp Paribas Asset Mngmt Sa invested in 1.50 million shares. 10,710 were reported by Td Asset. Moreover, Sg Americas Secs Ltd Liability Corp has 0.01% invested in Criteo S.A. (NASDAQ:CRTO) for 60,360 shares. Morgan Stanley stated it has 0.01% in Criteo S.A. (NASDAQ:CRTO). Blackrock Inc holds 0% or 7,127 shares. Profund Advsrs Ltd Company stated it has 30,024 shares or 0.03% of all its holdings. 35,277 were reported by Acadian Asset Ltd Liability. Exane Derivatives owns 44,570 shares for 0.2% of their portfolio. Bancorporation Of Montreal Can holds 35,275 shares. Moreover, Cwm Limited Liability Corp has 0% invested in Criteo S.A. (NASDAQ:CRTO). King Luther Capital stated it has 0% in Criteo S.A. (NASDAQ:CRTO). 12 were accumulated by Contravisory Inv Mgmt.

Criteo SA (NASDAQ:CRTO) Rating Reaffirmed

Criteo SA (NASDAQ:CRTO) just had their share rating of a ‘”Buy”‘ issued by research analysts at KeyBanc, who now has a $50.0000 target on the $1.67B market cap company or a 98.41 % upside potential. This key information was shown in analysts report on Wednesday morning.

Criteo S.A. (NASDAQ:CRTO) Ratings Coverage

Among 13 analysts covering Criteo (NASDAQ:CRTO), 4 have Buy rating, 0 Sell and 9 Hold. Therefore 31% are positive. Criteo has $50.0 highest and $22.0 lowest target. $33.80’s average target is 34.13% above currents $25.2 stock price. Criteo had 19 analyst reports since December 15, 2017 according to SRatingsIntel. The company was maintained on Wednesday, February 21 by Morgan Stanley. The stock has “Overweight” rating by JP Morgan on Thursday, February 15. The firm has “Neutral” rating given on Wednesday, February 21 by Citigroup. Citigroup maintained the stock with “Neutral” rating in Friday, March 9 report. The company was maintained on Wednesday, February 14 by BMO Capital Markets. The firm earned “Hold” rating on Thursday, February 15 by Stifel Nicolaus. On Thursday, December 14 the stock rating was maintained by SunTrust with “Buy”. On Sunday, December 17 the stock rating was maintained by BMO Capital Markets with “Buy”. Susquehanna maintained it with “Hold” rating and $22.0 target in Tuesday, February 13 report. The rating was downgraded by JMP Securities on Friday, December 15 to “Market Perform”.

The stock decreased 0.40% or $0.1 during the last trading session, reaching $25.2. About 629,366 shares traded. Criteo S.A. (NASDAQ:CRTO) has declined 47.34% since May 17, 2017 and is downtrending. It has underperformed by 58.89% the S&P500.

Analysts await Criteo S.A. (NASDAQ:CRTO) to report earnings on August, 1. They expect $0.17 earnings per share, down 19.05 % or $0.04 from last year’s $0.21 per share. CRTO’s profit will be $11.28M for 37.06 P/E if the $0.17 EPS becomes a reality. After $0.34 actual earnings per share reported by Criteo S.A. for the previous quarter, Wall Street now forecasts -50.00 % negative EPS growth.

Criteo S.A., a technology company, engages in digital performance marketing in France and internationally. The company has market cap of $1.67 billion. The companyÂ’s Criteo Engine solution includes recommendation algorithms that create and tailor advertisements to specific user interest by determining the specific services and products to include in the advertisement; prediction and predictive bidding algorithms that predict the probability and nature of a userÂ’s engagement with a given advertisement; and bidding engine for executing campaigns based on objectives set by the clients. It has a 18.81 P/E ratio. The Company’s Criteo Engine solution also consists of dynamic creative optimization; software systems and processes that enable data synchronization, storage, and analysis of distributed computing infrastructure in multiple geographies; and experimentation platform, an offline/online platform to enhance the prediction abilities of its models.

More notable recent Criteo S.A. (NASDAQ:CRTO) news were published by: Seekingalpha.com which released: “Criteo SA 2018 Q1 – Results – Earnings Call Slides” on May 02, 2018, also Prnewswire.com with their article: “Criteo’s Q1 2018 Global Commerce Review Reinforces the “Mobile-First” Consumer Mindset” published on May 10, 2018, Seekingalpha.com published: “Criteo Is Very Cheap” on May 05, 2018. More interesting news about Criteo S.A. (NASDAQ:CRTO) were released by: Streetinsider.com and their article: “Criteo (CRTO) Founder and Chairman JB Rudelle Returns to Chief Executive Officer Role” published on April 25, 2018 as well as Seekingalpha.com‘s news article titled: “Bloomberg: Amazon planning display ad tool; Criteo -2.5%” with publication date: May 14, 2018.

Criteo S.A. (NASDAQ:CRTO) Ratings Chart

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