Trivago N.V. ADS (TRVG) Receives Consensus Rating of “Hold” from Analysts
Trivago N.V. ADS (NASDAQ:TRVG) has been assigned a consensus recommendation of “Hold” from the twelve brokerages that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $13.50.
A number of equities research analysts recently issued reports on the company. Zacks Investment Research raised Trivago N.V. ADS from a “sell” rating to a “hold” rating in a research note on Wednesday, November 8th. Citigroup Inc. raised Trivago N.V. ADS from a “neutral” rating to a “buy” rating and set a $9.00 price target on the stock in a research note on Tuesday, November 7th. Morgan Stanley reduced their price target on Trivago N.V. ADS from $12.00 to $8.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 26th. Bank of America Corporation lowered Trivago N.V. ADS from a “neutral” rating to an “underperform” rating and set a $14.00 price target on the stock. in a research note on Thursday, October 26th. Finally, Guggenheim lowered Trivago N.V. ADS from a “buy” rating to a “neutral” rating and set a $15.00 price target on the stock. in a research note on Thursday, October 26th.
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Shares of Trivago N.V. ADS (NASDAQ TRVG) opened at $7.07 on Thursday. Trivago N.V. ADS has a 52 week low of $7.01 and a 52 week high of $24.27.
Trivago N.V. ADS (NASDAQ:TRVG) last posted its earnings results on Wednesday, October 25th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.02. The company had revenue of $287.90 million during the quarter, compared to analysts’ expectations of $286.07 million. During the same period in the previous year, the company posted ($0.01) EPS. Trivago N.V. ADS’s quarterly revenue was up 16.7% compared to the same quarter last year.
About Trivago N.V. ADS
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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