trivago (NASDAQ:TRVG) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of trivago (NASDAQ:TRVG) 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.

trivago Stock Performance

Shares of NASDAQ:TRVG opened at $1.71 on Monday. The firm’s 50 day simple moving average is $1.76 and its 200-day simple moving average is $2.04. trivago has a one year low of $1.60 and a one year high of $5.35. The firm has a market cap of $119.39 million, a PE ratio of -0.58 and a beta of 1.63.

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.