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

Equities research analysts at StockNews.com assumed coverage on shares of trivago (NASDAQ:TRVG) in a research report issued on Wednesday. The firm set a “buy” rating on the technology company’s stock.

A number of other equities research analysts have also commented on the company. Susquehanna dropped their price target on trivago from $2.25 to $1.75 and set a “neutral” rating on the stock in a research report on Thursday, November 7th. UBS Group dropped their target price on shares of trivago from $2.25 to $1.95 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. Three equities 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 has an average rating of “Hold” and an average price target of $2.55.

trivago Stock Performance

Shares of trivago stock opened at $1.67 on Wednesday. The stock’s fifty day simple moving average is $1.71 and its 200 day simple moving average is $1.98. The company has a market capitalization of $116.60 million, a PE ratio of -23.85 and a beta of 1.63. trivago has a 12 month low of $1.60 and a 12 month high of $3.29.

Institutional Trading of trivago

A number of institutional investors have recently modified their holdings of TRVG. BNP Paribas Financial Markets acquired a new stake in trivago in the 1st quarter valued at approximately $173,000. Tidal Investments LLC bought a new position in shares of trivago during the 1st quarter worth approximately $393,000. Finally, Acadian Asset Management LLC grew its stake in shares of trivago by 10.3% during the 1st quarter. Acadian Asset Management LLC now owns 721,020 shares of the technology company’s stock worth $1,966,000 after acquiring an additional 67,053 shares in the last quarter. 4.50% of the stock is currently owned by institutional investors.

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.