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J.P. Morgan Remains a Sell on trivago (TRVG)

Tipranks - Tipranks - Wed Mar 11, 2:58AM CDT

In a report released yesterday, Doug Anmuth from J.P. Morgan maintained a Sell rating on trivago. The company’s shares closed yesterday at $2.92.

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According to TipRanks, Anmuth is a 5-star analyst with an average return of 15.9% and a 58.33% success rate. Anmuth covers the Communication Services sector, focusing on stocks such as Meta Platforms, Alphabet Class A, and Alphabet Class C.

The word on The Street in general, suggests a Hold analyst consensus rating for trivago with a $4.20 average price target.

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Based on trivago’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $118.84 million and a net profit of $14.35 million. In comparison, last year the company earned a revenue of $94.78 million and had a net profit of $5.06 million

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