Trivago N.V. ADS (NASDAQ:TRVG) Receives $4.18 Average PT from Brokerages

Trivago N.V. ADS (NASDAQ:TRVG) has earned an average rating of “Hold” from the six research firms that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $4.18.

TRVG has been the subject of a number of research analyst reports. Wall Street Zen lowered Trivago N.V. ADS from a “buy” rating to a “hold” rating in a research note on Sunday, August 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Trivago N.V. ADS in a research report on Saturday, September 27th. Susquehanna cut their price target 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. Finally, Mizuho started coverage on shares of Trivago N.V. ADS in a research note on Tuesday, September 30th. They issued a “neutral” rating and a $3.50 price target on the stock.

Institutional Trading of Trivago N.V. ADS

A number of large investors have recently modified their holdings of the company. Tidal Investments LLC grew its stake in Trivago N.V. ADS by 11.3% in the second quarter. Tidal Investments LLC now owns 66,115 shares of the technology company’s stock worth $249,000 after purchasing an additional 6,706 shares in the last quarter. BNP Paribas Financial Markets grew its position in shares of Trivago N.V. ADS by 11.2% during the 2nd quarter. BNP Paribas Financial Markets now owns 92,433 shares of the technology company’s stock worth $348,000 after buying an additional 9,315 shares in the last quarter. Walleye Capital LLC purchased a new position in shares of Trivago N.V. ADS during the second quarter valued at $40,000. Bank of America Corp DE raised its holdings in shares of Trivago N.V. ADS by 2,050.1% in the second quarter. Bank of America Corp DE now owns 11,417 shares of the technology company’s stock valued at $43,000 after acquiring an additional 10,886 shares in the last quarter. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Trivago N.V. ADS in the first quarter valued at about $75,000. Hedge funds and other institutional investors own 4.50% of the company’s stock.

Trivago N.V. ADS Price Performance

Shares of NASDAQ TRVG opened at $3.16 on Tuesday. Trivago N.V. ADS has a 1 year low of $1.60 and a 1 year high of $5.83. The firm has a 50-day simple moving average of $3.45 and a two-hundred day simple moving average of $3.85. The company has a market cap of $222.39 million, a P/E ratio of -316.00 and a beta of 1.42.

About Trivago N.V. ADS

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.