Trivago N.V. ADS (TRVG) Stock Rating Reaffirmed by J P Morgan Chase & Co
Trivago N.V. ADS (NASDAQ:TRVG)‘s stock had its “buy” rating reiterated by research analysts at J P Morgan Chase & Co in a note issued to investors on Thursday. They currently have a $16.00 price target on the technology company’s stock. J P Morgan Chase & Co’s price objective would indicate a potential upside of 28.10% from the stock’s current price.
A number of other analysts also recently issued reports on TRVG. Citigroup Inc. cut their target price on Trivago N.V. ADS from $25.00 to $19.00 and set a “neutral” rating for the company in a research note on Monday, August 7th. Wells Fargo & Company reaffirmed a “hold” rating on shares of Trivago N.V. ADS in a research note on Thursday, July 27th. Zacks Investment Research downgraded Trivago N.V. ADS from a “buy” rating to a “hold” rating in a research note on Wednesday, May 24th. Deutsche Bank AG reaffirmed a “hold” rating and issued a $24.00 target price (up from $19.00) on shares of Trivago N.V. ADS in a research note on Wednesday, July 26th. Finally, ValuEngine raised Trivago N.V. ADS from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $19.64.
Trivago N.V. ADS (NASDAQ:TRVG) traded down 7.246% on Thursday, hitting $11.585. 4,400,044 shares of the company were exchanged. The stock’s 50-day moving average price is $17.99 and its 200-day moving average price is $16.93. The stock has a market capitalization of $4.06 billion and a P/E ratio of 44.558. Trivago N.V. ADS has a 52-week low of $10.43 and a 52-week high of $24.27.
Trivago N.V. ADS (NASDAQ:TRVG) last posted its quarterly earnings data on Friday, August 4th. The technology company reported ($0.01) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.01 by $0.02. The company had revenue of $298.30 million during the quarter, compared to analysts’ expectations of $293.16 million. Trivago N.V. ADS’s quarterly revenue was up 66.6% compared to the same quarter last year. On average, equities research analysts anticipate that Trivago N.V. ADS will post $0.08 earnings per share for the current fiscal year.
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Institutional investors and hedge funds have recently modified their holdings of the business. Creative Planning increased its stake in shares of Trivago N.V. ADS by 87.1% in the 2nd quarter. Creative Planning now owns 4,360 shares of the technology company’s stock worth $103,000 after acquiring an additional 2,030 shares during the last quarter. Thompson Davis & CO. Inc. acquired a new stake in shares of Trivago N.V. ADS in the 2nd quarter worth $124,000. Parametric Portfolio Associates LLC acquired a new stake in shares of Trivago N.V. ADS in the 1st quarter worth $161,000. Sei Investments Co. acquired a new stake in shares of Trivago N.V. ADS in the 1st quarter worth $179,000. Finally, Independent Portfolio Consultants Inc. acquired a new stake in shares of Trivago N.V. ADS in the 2nd quarter worth $190,000. 13.63% of the stock is owned by institutional investors and hedge funds.
Trivago N.V. ADS Company Profile
Trivago NV is a company based in the Netherlands that operates an online hotel search platform. The platform allows users to search for, compare and book hotels. It gathers information from various third parties’ platforms and provides information about the hotel, pictures, ratings, reviews and filters, such as price, location and extra options.
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