Susquehanna Issues Positive Forecast for trivago (NASDAQ:TRVG) Stock Price

trivago (NASDAQ:TRVG - Get Free Report) had its price objective boosted by analysts at Susquehanna from $3.50 to $5.50 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage currently has a "neutral" rating on the technology company's stock. Susquehanna's price target suggests a potential upside of 5.77% from the stock's previous close.

A number of other brokerages have also recently commented on TRVG. Citigroup raised their target price on trivago from $2.60 to $4.50 and gave the stock a "neutral" rating in a report on Monday, March 17th. B. Riley raised shares of trivago from a "neutral" rating to a "buy" rating and increased their target price for the stock from $4.00 to $5.50 in a report on Thursday. StockNews.com downgraded shares of trivago from a "strong-buy" rating to a "buy" rating in a report on Thursday. Finally, UBS Group increased their price objective on shares of trivago from $3.10 to $3.40 and gave the stock a "neutral" rating in a research note on Monday, April 28th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $4.73.

trivago Stock Performance

TRVG stock opened at $5.20 on Monday. The company has a market cap of $363.67 million, a price-to-earnings ratio of -520.00 and a beta of 1.49. The business's 50-day moving average is $4.13 and its two-hundred day moving average is $3.06. trivago has a fifty-two week low of $1.60 and a fifty-two week high of $5.83.

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

Institutional Investors Weigh In On trivago

Several institutional investors and hedge funds have recently modified their holdings of TRVG. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in trivago in the 4th quarter valued at $628,000. Baader Bank Aktiengesellschaft purchased a new stake in shares of trivago in the fourth quarter worth about $623,000. Finally, Compagnie Lombard Odier SCmA boosted its stake in trivago by 150.0% during the first 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 during the last quarter. 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.

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