Brokerages Set trivago (NASDAQ:TRVG) PT at $2.94

Shares of trivago (NASDAQ:TRVG) have been given an average rating of “Hold” by the five brokerages that are currently covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $2.94.

A number of analysts have recently commented on the company. StockNews.com assumed coverage on trivago in a research note on Saturday, February 8th. They issued a “strong-buy” rating for the company. Citigroup upped their price target on trivago from $2.60 to $4.50 and gave the company a “neutral” rating in a research note on Monday, March 17th.

trivago Trading Up 14.4 %

trivago stock opened at $5.40 on Monday. trivago has a 1 year low of $1.60 and a 1 year high of $5.45. The company has a market cap of $377.65 million, a PE ratio of -540.00 and a beta of 1.57. The company’s 50-day moving average is $3.69 and its two-hundred day moving average is $2.55.

trivago (NASDAQ:TRVG) last released its earnings results on Tuesday, February 4th. The technology company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.02. trivago had a negative net margin of 5.20% and a positive return on equity of 0.09%. Research analysts forecast that trivago will post -0.08 EPS for the current year.

Institutional Trading of trivago

A hedge fund recently bought a new stake in trivago stock. Baader Bank Aktiengesellschaft purchased a new position in shares of trivago (NASDAQ:TRVG) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 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 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.