Analysts Set Trivago N.V. ADS (NASDAQ:TRVG) Target Price at $4.18

Shares of Trivago N.V. ADS (NASDAQ:TRVG) have received an average recommendation of “Hold” from the six brokerages that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $4.18.

TRVG has been the subject of several recent research reports. Wall Street Zen downgraded Trivago N.V. ADS from a “buy” rating to a “hold” rating in a report on Sunday, August 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Trivago N.V. ADS in a report on Wednesday, October 8th. Susquehanna cut their price objective on Trivago N.V. ADS from $5.50 to $4.00 and set a “neutral” rating on the stock in a research report on Thursday, August 7th. Finally, Mizuho initiated coverage on Trivago N.V. ADS in a research report on Tuesday, September 30th. They set a “neutral” rating and a $3.50 price target on the stock.

Trivago N.V. ADS Stock Up 3.3%

NASDAQ TRVG opened at $3.17 on Friday. The company has a market cap of $223.10 million, a price-to-earnings ratio of -317.00 and a beta of 1.42. Trivago N.V. ADS has a 52 week low of $1.61 and a 52 week high of $5.83. The business has a 50 day moving average price of $3.26 and a 200-day moving average price of $3.73.

Hedge Funds Weigh In On Trivago N.V. ADS

Institutional investors have recently added to or reduced their stakes in the business. Walleye Capital LLC bought a new position in Trivago N.V. ADS in the 2nd quarter worth about $40,000. Bank of America Corp DE increased its position in shares of Trivago N.V. ADS by 2,050.1% during the 2nd quarter. Bank of America Corp DE now owns 11,417 shares of the technology company’s stock valued at $43,000 after purchasing an additional 10,886 shares during the last quarter. Quadrature Capital Ltd bought a new position in shares of Trivago N.V. ADS during the 2nd quarter valued at about $73,000. Cubist Systematic Strategies LLC bought a new position in shares of Trivago N.V. ADS during the 1st quarter valued at about $75,000. Finally, Jump Financial LLC bought a new position in shares of Trivago N.V. ADS during the 2nd quarter valued at about $94,000. 4.50% of the stock is currently owned by institutional investors.

Trivago N.V. ADS 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.