StockNews.com Begins Coverage on trivago (NASDAQ:TRVG)

Equities research analysts at StockNews.com assumed coverage on shares of trivago (NASDAQ:TRVGGet Free Report) in a research report issued to clients and investors on Friday. The brokerage set a “buy” rating on the technology company’s stock.

Several other equities research analysts also recently issued reports on TRVG. UBS Group lowered their price target on trivago from $2.25 to $1.95 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Susquehanna lowered their target price on trivago from $2.25 to $1.75 and set a “neutral” rating on the stock in a report on Thursday, November 7th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $2.55.

Read Our Latest Research Report on trivago

trivago Trading Down 1.8 %

NASDAQ:TRVG opened at $2.80 on Friday. The firm has a market capitalization of $195.83 million, a PE ratio of -39.99 and a beta of 1.73. trivago has a 1 year low of $1.60 and a 1 year high of $3.29. The firm’s fifty day simple moving average is $2.39 and its 200 day simple moving average is $2.05.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in trivago stock. Baader Bank Aktiengesellschaft bought a new position in shares of trivago (NASDAQ:TRVGFree Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 285,804 shares of the technology company’s stock, valued at approximately $623,000. Baader Bank Aktiengesellschaft owned approximately 0.41% of trivago as of its most recent SEC filing. 4.50% of the stock is currently owned by hedge funds and other institutional investors.

trivago Company Profile

(Get Free Report)

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.

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