Susquehanna Lowers Trivago N.V. ADS (NASDAQ:TRVG) Price Target to $4.00

Key Points

• Analysts at Susquehanna have cut Trivago N.V. ADS's price target from $5.50 to $4.00, maintaining a "neutral" rating for the stock.
• Currently, Trivago's average target price stands at $4.35, with mixed ratings from five equities research analysts.
• The stock opened at $3.49 on Thursday, with a 52-week low of $1.60 and a high of $5.83, highlighting significant volatility.

Trivago N.V. ADS (NASDAQ:TRVG - Get Free Report) had its price target lowered by equities research analysts at Susquehanna from $5.50 to $4.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has a "neutral" rating on the technology company's stock. Susquehanna's price target points to a potential upside of 15.07% from the stock's current price.

Several other equities analysts have also issued reports on TRVG. Wall Street Zen upgraded Trivago N.V. ADS from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. B. Riley raised Trivago N.V. ADS from a "neutral" rating to a "buy" rating and upped their target price for the stock from $4.00 to $5.50 in a research note on Thursday, May 1st. Finally, UBS Group increased their price target on Trivago N.V. ADS from $3.10 to $3.40 and gave the stock a "neutral" rating in a report on Monday, April 28th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $4.35.

Trivago N.V. ADS Price Performance

Shares of NASDAQ TRVG traded down $0.09 during midday trading on Thursday, reaching $3.48. 82,665 shares of the stock traded hands, compared to its average volume of 129,317. The stock has a market capitalization of $244.40 million, a PE ratio of -353.50 and a beta of 1.44. The company's 50 day moving average is $3.87 and its 200 day moving average is $4.02. Trivago N.V. ADS has a one year low of $1.60 and a one year high of $5.83.

Institutional Trading of Trivago N.V. ADS

Several hedge funds and other institutional investors have recently modified their holdings of TRVG. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Trivago N.V. ADS during the fourth quarter valued at about $628,000. Compagnie Lombard Odier SCmA increased its position in shares of Trivago N.V. ADS by 150.0% in the 1st quarter. Compagnie Lombard Odier SCmA now owns 150,000 shares of the technology company's stock valued at $615,000 after buying an additional 90,000 shares in the last quarter. Bosun Asset Management LLC acquired a new position in Trivago N.V. ADS in the 1st quarter worth $328,000. NewEdge Advisors LLC acquired a new position in shares of Trivago N.V. ADS during the 1st quarter worth about $258,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in Trivago N.V. ADS in the 1st quarter valued at about $75,000. Institutional investors and hedge funds own 4.50% of the company's stock.

Trivago N.V. ADS 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.