Innovid Corp. with ticker code (CTV) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 6 and 2.7 with the average target price sitting at 4.17. With the stocks previous close at 1.89 this indicates there is a potential upside of 120.6%. The 50 day moving average now sits at 2.42 while the 200 day moving average is 3.23. The market cap for the company is $261m. Company Website: https://www.innovid.com
The potential market cap would be $575m based on the market concensus.
Innovid Corp. operates an independent software platform that provides ad serving and creative services. The company offers advertising services for the creation, delivery, and measurement of TV ads across connected TV, mobile TV, and desktop TV environments to advertisers, publishers, and media agencies. It also provides creative management; advertising measurement; identity resolution; and publisher solutions. The company serves consumer packaged goods, pharmaceutical and healthcare, financial services, and automotive and technology industries; third party agencies; and publishers in the United States, Canada, Europe, the Middle East, Africa, Latin America, and the Asia Pacific. Innovid Corp. was incorporated in 2007 and is headquartered in New York, New York.
