Susquehanna Lowers trivago (NASDAQ:TRVG) Price Target to $1.75

trivago (NASDAQ:TRVG) had its price objective lowered by investment analysts at Susquehanna from $2.25 to $1.75 in a research report issued on Thursday, Benzinga reports. The brokerage currently has a “neutral” rating on the technology company’s stock. Susquehanna’s price objective points to a potential upside of 2.34% from the stock’s current price.

Several other research firms have also recently commented on TRVG. StockNews.com started coverage on trivago in a research note on Monday. They set a “buy” rating for the company. UBS Group decreased their target price on trivago from $2.25 to $1.95 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $2.55.

trivago Trading Down 1.2 %

NASDAQ TRVG traded down $0.02 during trading hours on Thursday, hitting $1.71. 25,429 shares of the company’s stock were exchanged, compared to its average volume of 59,064. The stock has a 50-day simple moving average of $1.77 and a 200 day simple moving average of $2.04. trivago has a 1-year low of $1.60 and a 1-year high of $5.35. The firm has a market cap of $119.39 million, a price-to-earnings ratio of -0.58 and a beta of 1.63.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of TRVG. BNP Paribas Financial Markets bought a new stake in trivago during the first quarter worth $173,000. Acadian Asset Management LLC lifted its holdings in trivago by 10.3% during the first quarter. Acadian Asset Management LLC now owns 721,020 shares of the technology company’s stock worth $1,966,000 after acquiring an additional 67,053 shares during the period. Finally, Tidal Investments LLC bought a new stake in trivago during the first quarter worth $393,000. Institutional investors own 4.50% of the company’s stock.

trivago Company Profile

trivago N.V., together with its subsidiaries, operates a hotel and accommodation search platform in the United States, Germany, the United Kingdom, Canada, Japan, and internationally. It offers an online meta-search for hotels and accommodation through online travel agencies, hotel chains, and independent hotels.