Citigroup Has Lowered Expectations for Trivago N.V. ADS (NASDAQ:TRVG) Stock Price

Trivago N.V. ADS (NASDAQ:TRVG) had its price objective dropped by analysts at Citigroup from $3.80 to $3.35 in a research report issued on Tuesday,Benzinga reports. The brokerage presently has a “neutral” rating on the technology company’s stock. Citigroup’s price objective would suggest a potential upside of 15.52% from the stock’s previous close.

Several other brokerages have also issued reports on TRVG. Susquehanna cut their price objective on shares of Trivago N.V. ADS from $5.50 to $4.00 and set a “neutral” rating on the stock in a report on Thursday, August 7th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Trivago N.V. ADS in a research note on Thursday, October 30th. Mizuho reduced their target price on shares of Trivago N.V. ADS from $3.50 to $3.00 and set a “neutral” rating for the company in a report on Wednesday, November 12th. Finally, Wall Street Zen lowered shares of Trivago N.V. ADS from a “buy” rating to a “hold” rating in a research report on Sunday, August 10th. One equities research analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Trivago N.V. ADS has an average rating of “Hold” and an average target price of $3.85.

Trivago N.V. ADS Stock Down 1.7%

Shares of TRVG stock traded down $0.05 on Tuesday, hitting $2.90. The stock had a trading volume of 42,383 shares, compared to its average volume of 103,591. Trivago N.V. ADS has a one year low of $1.65 and a one year high of $5.83. The business has a 50 day moving average price of $3.21 and a 200 day moving average price of $3.66. The company has a market cap of $204.09 million, a PE ratio of 41.57 and a beta of 1.39.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Baader Bank Aktiengesellschaft grew its holdings in shares of Trivago N.V. ADS by 612.2% during the third quarter. Baader Bank Aktiengesellschaft now owns 554,980 shares of the technology company’s stock valued at $1,846,000 after buying an additional 477,060 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH grew its position in shares of Trivago N.V. ADS by 589.3% in the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 553,891 shares of the technology company’s stock valued at $1,847,000 after purchasing an additional 473,538 shares in the last quarter. G2 Investment Partners Management LLC purchased a new position in shares of Trivago N.V. ADS during the 2nd quarter worth $1,986,000. Compagnie Lombard Odier SCmA boosted its holdings in Trivago N.V. ADS by 35.3% in the 3rd quarter. Compagnie Lombard Odier SCmA now owns 230,000 shares of the technology company’s stock valued at $767,000 after purchasing an additional 60,000 shares during the last quarter. Finally, First Eagle Investment Management LLC purchased a new position in Trivago N.V. ADS in the third quarter worth approximately $559,000. Institutional investors and hedge funds own 4.50% of the company’s stock.

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.