trivago (NASDAQ:TRVG) Given New $1.95 Price Target at UBS Group

by · The Cerbat Gem

trivago (NASDAQ:TRVG – Get Free Report) had its price target cut by analysts at UBS Group from $2.25 to $1.95 in a research note issued on Wednesday, Benzinga reports. The brokerage currently has a “neutral” rating on the technology company’s stock. UBS Group’s price objective points to a potential upside of 16.07% from the company’s previous close.

A number of other analysts have also recently weighed in on TRVG. Susquehanna dropped their price objective on shares of trivago from $2.50 to $2.25 and set a “neutral” rating on the stock in a report on Thursday, August 1st. StockNews.com began coverage on shares of trivago in a report on Saturday. They issued a “buy” rating on the stock. 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.com, the company currently has a consensus rating of “Hold” and a consensus price target of $2.68.

Check Out Our Latest Report on trivago

trivago Trading Down 1.2 %

NASDAQ TRVG traded down $0.02 during trading hours on Wednesday, reaching $1.68. 4,569 shares of the company traded hands, compared to its average volume of 59,807. The stock has a market capitalization of $117.30 million, a PE ratio of -0.57 and a beta of 1.62. trivago has a 12 month low of $1.61 and a 12 month high of $5.90. The company has a 50 day moving average of $1.85 and a two-hundred day moving average of $2.11.

trivago (NASDAQ:TRVG – Get Free Report) last issued its earnings results on Tuesday, July 30th. The technology company reported ($0.01) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.01). The company had revenue of $127.62 million for the quarter, compared to analysts’ expectations of $127.25 million. trivago had a negative net margin of 41.42% and a positive return on equity of 1.30%. During the same period in the prior year, the company earned $0.10 earnings per share. On average, equities research analysts anticipate that trivago will post -0.1 earnings per share for the current year.

Hedge Funds Weigh In On trivago

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Acadian Asset Management LLC grew its position in 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 buying an additional 67,053 shares in the last quarter. Tidal Investments LLC bought a new position in shares of trivago during the 1st quarter valued at about $393,000. BNP Paribas Financial Markets bought a new position in shares of trivago during the 1st quarter valued at about $173,000. Finally, Quadrature Capital Ltd bought a new position in shares of trivago during the 4th quarter valued at about $67,000. Institutional investors own 4.50% of the company’s stock.

About trivago

(Get Free Report)

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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