trivago (NASDAQ:TRVG) Price Target Cut to $1.75 by Analysts at Susquehanna

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

A number of other equities analysts have also issued reports on TRVG. StockNews.com began coverage on shares of trivago in a research report on Monday. They set a “buy” rating on the stock. UBS Group lowered their price target on shares of trivago from $2.25 to $1.95 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $2.55.

trivago Trading Down 1.6 %

TRVG stock traded down $0.03 on Thursday, reaching $1.68. 33,160 shares of the company were exchanged, compared to its average volume of 59,127. trivago has a 12 month low of $1.60 and a 12 month high of $5.35. The stock’s fifty day moving average price is $1.76 and its 200 day moving average price is $2.04.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets acquired a new position in trivago during the 1st quarter worth about $173,000. Acadian Asset Management LLC lifted its position in trivago by 10.3% during the 1st quarter. Acadian Asset Management LLC now owns 721,020 shares of the technology company’s stock worth $1,966,000 after buying an additional 67,053 shares in the last quarter. Finally, Tidal Investments LLC acquired a new position in trivago during the 1st quarter worth about $393,000. Institutional investors and hedge funds 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.