Susquehanna Cuts trivago (NASDAQ:TRVG) Price Target to $1.75

trivago (NASDAQ:TRVG) had its price target cut by Susquehanna from $2.25 to $1.75 in a report published on Thursday,Benzinga reports. They currently have a neutral rating on the technology company’s stock.

A number of other research analysts also recently commented on TRVG. UBS Group lowered their price objective on shares of trivago from $2.25 to $1.95 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. StockNews.com initiated coverage on shares of trivago in a research note on Monday, November 4th. They issued a “buy” rating for the company. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $2.55.

trivago Price Performance

NASDAQ TRVG opened at $1.69 on Thursday. The company’s 50 day simple moving average is $1.75 and its 200 day simple moving average is $2.03. trivago has a 12 month low of $1.60 and a 12 month high of $5.35. The company has a market capitalization of $117.99 million, a P/E ratio of -24.14 and a beta of 1.63.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets acquired a new stake in shares of trivago in the 1st quarter valued at approximately $173,000. Tidal Investments LLC acquired a new stake in shares of trivago in the 1st quarter valued at approximately $393,000. Finally, Acadian Asset Management LLC raised its position in shares of trivago by 10.3% in the 1st quarter. Acadian Asset Management LLC now owns 721,020 shares of the technology company’s stock valued at $1,966,000 after acquiring an additional 67,053 shares during the period. 4.50% of the stock is currently owned by institutional investors and hedge funds.

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.