Analysts show mixed ratings for Criteo as price targets rise
In the past three months, five analysts have provided mixed ratings for Criteo (NASDAQ:CRTO), with recent sentiment showing a shift. Currently, there are three bullish, one somewhat bullish, and one indifferent rating. This contrasts with previous months where bearish ratings were absent.
Analysts have adjusted their 12-month price targets for Criteo, with the average now at $54.60, up from $51.75. The highest estimate is $70.00, while the lowest is $36.00. Recent changes include a downgrade from neutral to $36.00 by Susquehanna and a raise to $58.00 by DA Davidson.
Criteo's financial performance shows a revenue growth rate of 0.51% as of June 30, 2024. The company maintains a strong net margin of 5.73% and a low debt-to-equity ratio of 0.1, indicating effective cost management and a healthy balance sheet.