StockNews.com started coverage on shares of trivago (NASDAQ:TRVG – Free Report) in a report released on Monday. The firm issued a buy rating on the technology company’s stock.
Other equities research analysts have also issued reports about the company. Susquehanna lowered their target price on trivago from $2.50 to $2.25 and set a “neutral” rating for the company in a report on Thursday, August 1st. UBS Group decreased their price objective on trivago from $2.25 to $1.95 and set a “neutral” rating for the company in a report on Wednesday, October 23rd. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $2.55.
Get Our Latest Analysis on TRVG
trivago Stock Performance
Institutional Investors Weigh In On trivago
A number of institutional investors have recently added to or reduced their stakes in TRVG. Acadian Asset Management LLC raised its holdings in trivago by 10.3% in the first quarter. Acadian Asset Management LLC now owns 721,020 shares of the technology company’s stock worth $1,966,000 after purchasing an additional 67,053 shares in the last quarter. Tidal Investments LLC purchased a new stake in trivago during the first quarter valued at approximately $393,000. Finally, BNP Paribas Financial Markets purchased a new stake in trivago during the first quarter valued at approximately $173,000. Institutional investors 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.
Recommended Stories
- Five stocks we like better than trivago
- High Flyers: 3 Natural Gas Stocks for March 2022
- Gilead’s Stock Surge: What’s Fueling the Momentum?
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- Breakout Alert: Qualcomm Just Hit The Rally Button
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- Mercado Libre Shares Go on Sale: Is Now the Time to Buy?
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.