Susquehanna Cuts 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 target price decreased 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 would indicate a potential upside of 12.04% from the stock's previous close.

TRVG has been the topic of several other reports. B. Riley raised shares of Trivago N.V. ADS from a "neutral" rating to a "buy" rating and raised their price target for the stock from $4.00 to $5.50 in a research note on Thursday, May 1st. UBS Group increased their price objective on shares of Trivago N.V. ADS from $3.10 to $3.40 and gave the company a "neutral" rating in a report on Monday, April 28th. Finally, Wall Street Zen raised shares of Trivago N.V. ADS from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $4.35.

Trivago N.V. ADS Trading Up 0.8%

TRVG traded up $0.03 on Thursday, hitting $3.57. 155,036 shares of the company's stock were exchanged, compared to its average volume of 99,859. Trivago N.V. ADS has a fifty-two week low of $1.60 and a fifty-two week high of $5.83. The firm has a 50-day moving average price of $3.87 and a 200-day moving average price of $4.00. The stock has a market cap of $251.01 million, a price-to-earnings ratio of -357.00 and a beta of 1.44.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Compagnie Lombard Odier SCmA grew its holdings in shares of Trivago N.V. ADS by 13.3% in the second quarter. Compagnie Lombard Odier SCmA now owns 170,000 shares of the technology company's stock valued at $641,000 after purchasing an additional 20,000 shares during the period. NewEdge Advisors LLC acquired a new position in Trivago N.V. ADS in the 1st quarter valued at about $258,000. Bosun Asset Management LLC purchased a new stake in shares of Trivago N.V. ADS in the 1st quarter valued at approximately $328,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Trivago N.V. ADS during the 1st quarter worth approximately $75,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Trivago N.V. ADS during the 4th quarter worth approximately $628,000. Hedge funds and other institutional investors own 4.50% of the company's stock.

About Trivago N.V. ADS

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.