In a report released today, Andrew Boone from JMP Securities maintained a Buy rating on Tremor International (TRMR – Research Report), with a price target of $11.00. The company’s shares closed last Wednesday at $3.71.
Boone covers the Communication Services sector, focusing on stocks such as Meta Platforms, Snap, and DoorDash. According to TipRanks, Boone has an average return of -5.7% and a 41.92% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tremor International with a $7.20 average price target, which is a 94.07% upside from current levels. In a report released on November 22, RBC Capital also maintained a Buy rating on the stock with a $8.00 price target.
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TRMR market cap is currently $271.7M and has a P/E ratio of -14.10.
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Tremor International (TRMR) Company Description:
Tremor International Ltd offers advertising technologies with operations in more than 60 countries. It offers data-focused marketing solutions that drive brand insight in mobile, leveraging video, native, and display to reach the users for every app, service, and brand. The group’s business divisions include Tremor Video, Unruly, RhythmOne, and Taptica. Geographically, it derives a majority of revenue from America and also has a presence in Asia, Europe, Israel, China, and other countries.
Read More on TRMR:
- Tremor International sees FY23 adjusted EBITDA $80M-$85M
- Tremor International Reports Results for the Three and Nine Months Ended September 30, 2023
- Tremor International reports Q3 EPS 9c, consensus 7c
- Nexxen Launches TV Viewership Audiences in U.K., Expands TV Intelligence Offering in U.S.
- Nexxen launches TV Viewership Audience in U.K., expands offering in U.S.
