SunTrust Robinson Maintains a Hold Rating on trivago NV (TRVG)


In a report released today, Naved Khan from SunTrust Robinson maintained a Hold rating on trivago NV (TRVG), with a price target of $6. The company’s shares opened today at $4.56.

Khan noted:

“We’re maintaining a Hold and revising PT to $6 (from $7) Results vs. Consensus. Revenue remained under pressure while Adj. EBITDA outperformed expectations. Y/Y) was below consensus of €239.4M while Adj. EBITDA of €20.9M topped consensus’ €16.2M.”

According to TipRanks.com, Khan is a top 100 analyst with an average return of 23.3% and a 80.3% success rate. Khan covers the Technology sector, focusing on stocks such as Endurance International, Wix.com Ltd, and Yext Inc.

Currently, the analyst consensus on trivago NV is a Moderate Buy with an average price target of $5.83.

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The company has a one-year high of $7.54 and a one-year low of $3.82. Currently, trivago NV has an average volume of 529.6K.

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trivago NV is a holding company, which engages in the provision of a global hotel and accommodation search platform. It also offers marketing tools and services for advertisers. It operates through the following segments: Americas, Developed Europe, and Rest of the World.

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