Trivago N.V. ADS (TRVG) Raised to Sell at BidaskClub
Trivago N.V. ADS (NASDAQ:TRVG) was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a report issued on Friday.
TRVG has been the subject of several other research reports. Deutsche Bank cut their target price on Trivago N.V. ADS from $20.00 to $13.00 and set a “hold” rating for the company in a research report on Tuesday, October 24th. Zacks Investment Research upgraded Trivago N.V. ADS from a “sell” rating to a “hold” rating in a report on Friday, September 8th. JPMorgan Chase & Co. restated a “buy” rating and set a $16.00 price target (down previously from $23.00) on shares of Trivago N.V. ADS in a report on Thursday, September 7th. Guggenheim restated a “buy” rating and set a $15.00 price target (down previously from $25.00) on shares of Trivago N.V. ADS in a report on Thursday, September 7th. Finally, Bank of America cut Trivago N.V. ADS from a “buy” rating to a “neutral” rating and cut their price target for the company from $22.00 to $14.00 in a report on Thursday, September 7th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $14.64.
Trivago N.V. ADS (TRVG) traded down $0.32 during trading hours on Friday, hitting $7.24. The company had a trading volume of 1,767,850 shares, compared to its average volume of 1,543,250. Trivago N.V. ADS has a 12-month low of $6.45 and a 12-month high of $24.27. The stock has a market capitalization of $2,650.00 and a PE ratio of -724.00.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Thompson Davis & CO. Inc. purchased a new position in Trivago N.V. ADS during the 2nd quarter valued at approximately $124,000. TCW Group Inc. lifted its stake in shares of Trivago N.V. ADS by 1.5% in the 3rd quarter. TCW Group Inc. now owns 468,000 shares of the technology company’s stock valued at $5,078,000 after purchasing an additional 7,042 shares during the last quarter. D.A. Davidson & CO. bought a new stake in shares of Trivago N.V. ADS in the 2nd quarter valued at approximately $190,000. Cetera Investment Advisers bought a new stake in shares of Trivago N.V. ADS in the 2nd quarter valued at approximately $210,000. Finally, Parametric Portfolio Associates LLC lifted its stake in shares of Trivago N.V. ADS by 104.2% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 25,197 shares of the technology company’s stock valued at $596,000 after purchasing an additional 12,860 shares during the last quarter. Institutional investors and hedge funds own 8.19% of the company’s stock.
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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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