In a report released yesterday, Matthew Swanson from RBC Capital assigned a Buy rating to Tremor International (TRMR – Research Report), with a price target of $8.00. The company’s shares closed yesterday at $4.31.
Swanson covers the Technology sector, focusing on stocks such as Adobe, DoubleVerify Holdings, and International Business Machines. According to TipRanks, Swanson has an average return of -4.9% and a 44.94% success rate on recommended stocks.
Currently, the analyst consensus on Tremor International is a Strong Buy with an average price target of $6.90.
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TRMR market cap is currently $317.3M and has a P/E ratio of -16.24.
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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 to Present at the Raymond James TMT and Consumer Conference
- Tremor International price target lowered to $6.50 from $8 at Lake Street
- Tremor International price target lowered to $11 from $12 at JMP Securities
- Tremor International sees FY23 adjusted EBITDA $80M-$85M
- Tremor International Reports Results for the Three and Nine Months Ended September 30, 2023
