trivago (NASDAQ:TRVG – Get Rating) had its target price reduced by Morgan Stanley from $2.60 to $2.40 in a research report released on Friday, Stock Target Advisor reports. Morgan Stanley currently has an equal weight rating on the technology company’s stock.
Other analysts have also recently issued reports about the company. StockNews.com cut trivago from a strong-buy rating to a buy rating in a report on Wednesday, May 4th. Citigroup lowered their target price on shares of trivago from $2.65 to $2.50 and set a neutral rating on the stock in a research report on Wednesday, April 20th. Mizuho reduced their price target on shares of trivago from $3.60 to $3.00 in a research report on Thursday, May 5th. Zacks Investment Research cut trivago from a strong-buy rating to a hold rating in a report on Wednesday, April 27th. Finally, TheStreet raised trivago from a d+ rating to a c- rating in a report on Friday, March 25th. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of Hold and a consensus price target of $2.68.
Shares of trivago stock opened at $1.63 on Friday. The firm has a market cap of $584.63 million, a price-to-earnings ratio of 54.35 and a beta of 1.63. trivago has a 52-week low of $1.54 and a 52-week high of $4.17. The company’s 50-day simple moving average is $2.08 and its 200-day simple moving average is $2.20.
About trivago (Get Rating)
trivago N.V., together with its subsidiaries, operates a hotel and accommodation search platform in the United States, Germany, the United Kingdom, and internationally. It offers an online meta-search for hotels and accommodation through online travel agencies, hotel chains, and independent hotels. The company provides access to its platform through 53 localized websites and apps in 31 languages.
- Get a free copy of the StockNews.com research report on trivago (TRVG)
- Cheap Buys: These 3 Stocks are Now Trading Under $20
- Stock Market Downgrades Are Dragging The S&P 500 Lower
- Palo Alto Networks Bottoms But A Rebound May Not Be Coming
- Time to Ring the Register on Funko Stock
- Under Armor Stock is Getting Undervalued
Receive News & Ratings for trivago Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for trivago and related companies with MarketBeat.com's FREE daily email newsletter.