trivago (NASDAQ:TRVG) Price Target Cut to $1.75 by Analysts at Susquehanna

trivago (NASDAQ:TRVG) had its price objective decreased by Susquehanna from $2.25 to $1.75 in a research report report published on Thursday,Benzinga reports. Susquehanna currently has a neutral rating on the technology company’s stock.

Several other brokerages also recently issued reports on TRVG. StockNews.com started coverage on trivago in a report on Monday, November 4th. They set a “buy” rating for the company. UBS Group lowered their price objective 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 research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, trivago presently has a consensus rating of “Hold” and a consensus price target of $2.55.

trivago Trading Down 1.2 %

NASDAQ:TRVG opened at $1.69 on Thursday. trivago has a 1-year low of $1.60 and a 1-year high of $5.35. The firm has a fifty day simple moving average of $1.75 and a 200 day simple moving average of $2.03. The stock has a market capitalization of $117.99 million, a PE ratio of -24.14 and a beta of 1.63.

Hedge Funds Weigh In On trivago

A number of large investors have recently modified their holdings of the company. Acadian Asset Management LLC lifted its holdings in shares of trivago by 10.3% in the 1st quarter. Acadian Asset Management LLC now owns 721,020 shares of the technology company’s stock worth $1,966,000 after purchasing an additional 67,053 shares in the last quarter. Tidal Investments LLC purchased a new stake in trivago in the 1st quarter valued at $393,000. Finally, BNP Paribas Financial Markets purchased a new stake in shares of trivago during the 1st quarter valued at $173,000. 4.50% of the stock is currently owned by institutional investors.

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.