SunTrust Robinson Sticks to Its Hold Rating for trivago NV (TRVG)


SunTrust Robinson analyst Naved Khan maintained a Hold rating on trivago NV (TRVG) today and set a price target of $6. The company’s shares opened today at $3.90, close to its 52-week low of $3.76.

Khan commented:

“We think TRVG’s ongoing focus on optimizing ad spending and opex are likely to boost margins/profits near term as the company looks to return to top-line growth in 2H. While efforts to improve booking conversion via improved traffic quality should arguably help revive revenue growth, there continues to be a lack of visibility into the pace of sustainable top-line growth and degree of margin leverage. Therefore, we maintain our Hold rating. Valuation/Risks. TRVG trades at ~1x EV/ EBITDA. Downside risks: a larger than expected pullback by advertisers, macro risks, a slowdown in travel demand, insider selling. Upside risks: better than expected growth and/or higher margins.”

According to TipRanks.com, Khan is a 5-star analyst with an average return of 20.9% and a 68.4% success rate. Khan covers the Technology sector, focusing on stocks such as Endurance International, Wix.com Ltd, and Yext Inc.

trivago NV has an analyst consensus of Moderate Buy, with a price target consensus of $5.28, a 35.4% upside from current levels. In a report issued on May 9, D.A. Davidson also maintained a Hold rating on the stock with a $5.25 price target.

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trivago NV’s market cap is currently $174.2M and has a P/E ratio of 151.34. The company has a Price to Book ratio of 1.42.

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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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