Trivago N.V. ADS (NASDAQ:TRVG) Upgraded by Wall Street Zen to “Buy” Rating

Wall Street Zen upgraded shares of Trivago N.V. ADS (NASDAQ:TRVG) from a hold rating to a buy rating in a report issued on Saturday morning.

Several other research analysts have also commented on TRVG. Susquehanna lifted their price target on Trivago N.V. ADS from $3.50 to $5.50 and gave the stock a “neutral” rating in a report on Monday, May 5th. B. Riley raised Trivago N.V. ADS from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $4.00 to $5.50 in a research report on Thursday, May 1st. Finally, UBS Group raised their price objective on Trivago N.V. ADS from $3.10 to $3.40 and gave the stock a “neutral” rating in a research report on Monday, April 28th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, Trivago N.V. ADS currently has a consensus rating of “Hold” and an average price target of $4.73.

Trivago N.V. ADS Stock Down 0.3%

NASDAQ TRVG opened at $3.94 on Friday. Trivago N.V. ADS has a 52 week low of $1.60 and a 52 week high of $5.83. The business’s fifty day simple moving average is $3.89 and its 200-day simple moving average is $3.96. The firm has a market cap of $277.02 million, a PE ratio of 56.29 and a beta of 1.44.

Institutional Trading of Trivago N.V. ADS

A number of hedge funds and other institutional investors have recently modified their holdings of TRVG. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Trivago N.V. ADS during the 4th quarter worth about $628,000. Compagnie Lombard Odier SCmA grew its position in Trivago N.V. ADS by 150.0% in the 1st quarter. Compagnie Lombard Odier SCmA now owns 150,000 shares of the technology company’s stock valued at $615,000 after acquiring an additional 90,000 shares in the last quarter. Bosun Asset Management LLC acquired a new position in Trivago N.V. ADS in the 1st quarter valued at about $328,000. NewEdge Advisors LLC acquired a new position in Trivago N.V. ADS in the 1st quarter valued at about $258,000. Finally, Cubist Systematic Strategies LLC acquired a new position in Trivago N.V. ADS in the 1st quarter valued at about $75,000. 4.50% of the stock is owned by institutional investors and hedge funds.

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.