trivago (NASDAQ:TRVG) Given New $3.40 Price Target at UBS Group

trivago (NASDAQ:TRVG - Get Free Report) had its price target upped by UBS Group from $3.10 to $3.40 in a report released on Monday,Benzinga reports. The firm currently has a "neutral" rating on the technology company's stock. UBS Group's price target indicates a potential downside of 34.62% from the stock's previous close.

TRVG has been the subject of a number of other reports. Citigroup boosted their target price on shares of trivago from $2.60 to $4.50 and gave the company a "neutral" rating in a research note on Monday, March 17th. StockNews.com initiated coverage on trivago in a research report on Saturday, February 8th. They set a "strong-buy" rating for the company. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, trivago presently has an average rating of "Hold" and an average price target of $3.79.

trivago Price Performance

Shares of trivago stock remained flat at $5.20 during trading on Monday. The company had a trading volume of 708,964 shares, compared to its average volume of 93,142. trivago has a 12 month low of $1.60 and a 12 month high of $5.83. The stock has a 50-day simple moving average of $4.13 and a 200-day simple moving average of $3.05. The stock has a market cap of $363.67 million, a PE ratio of -520.00 and a beta of 1.49.

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 (EPS) for the quarter, beating analysts' consensus estimates of $0.05 by $0.02. trivago had a negative net margin of 5.20% and a positive return on equity of 0.09%. Research analysts expect that trivago will post -0.08 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. 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 purchasing an additional 90,000 shares in the last quarter. Baader Bank Aktiengesellschaft bought a new stake in trivago during the fourth quarter valued at about $623,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in trivago in the fourth quarter worth about $628,000. 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.