Criteo SA (NASDAQ: CRTO) stock enjoyed a major increase of 10.4% on 7/22/24. The shares closed at $44.76. Moreover, trading volume in this advance was exceptionally high at 336% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 11.1% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CRTO is expected to continue to be an important Value Builder.
Criteo has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Criteo has a neutral Appreciation Score of 45 but a very high Power Rating of 94, with the Positive Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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