Susquehanna Increases trivago (NASDAQ:TRVG) Price Target to $5.50

trivago (NASDAQ:TRVG - Get Free Report) had its price target upped by equities research analysts at Susquehanna from $3.50 to $5.50 in a report issued on Monday,Benzinga reports. The firm presently has a "neutral" rating on the technology company's stock. Susquehanna's price target would suggest a potential upside of 12.24% from the stock's previous close.

A number of other brokerages have also issued reports on TRVG. UBS Group lifted their price target on shares of trivago from $3.10 to $3.40 and gave the company a "neutral" rating in a research note on Monday, April 28th. Citigroup upped their price target on shares of trivago from $2.60 to $4.50 and gave the stock a "neutral" rating in a research report on Monday, March 17th. B. Riley upgraded trivago from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $4.00 to $5.50 in a research note on Thursday, May 1st. Finally, StockNews.com downgraded trivago from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 1st. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $4.73.

trivago Price Performance

TRVG stock traded up $0.05 during midday trading on Monday, hitting $4.90. 71,172 shares of the stock traded hands, compared to its average volume of 94,370. The stock's fifty day simple moving average is $4.18 and its 200-day simple moving average is $3.15. The firm has a market cap of $342.69 million, a P/E ratio of -490.00 and a beta of 1.49. trivago has a 1-year low of $1.60 and a 1-year high of $5.83.

trivago (NASDAQ:TRVG - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The technology company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.02. trivago had a positive return on equity of 0.09% and a negative net margin of 5.20%. On average, research analysts predict that trivago will post -0.08 earnings per share for the current year.

Institutional Trading of trivago

Hedge funds have recently bought and sold shares of the business. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of trivago in the fourth quarter valued at approximately $628,000. Baader Bank Aktiengesellschaft purchased a new stake in trivago in the 4th quarter valued at $623,000. Finally, Compagnie Lombard Odier SCmA increased its stake in shares of trivago by 150.0% in the 1st quarter. Compagnie Lombard Odier SCmA now owns 150,000 shares of the technology company's stock worth $615,000 after acquiring an additional 90,000 shares during the last quarter. Institutional investors and hedge funds own 4.50% of the company's stock.

About trivago

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.