Trivago (NASDAQ:TRVG) was upgraded by equities research analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued to investors on Wednesday.
A number of other equities analysts have also commented on TRVG. Deutsche Bank raised Trivago from a “hold” rating to a “buy” rating and set a $13.00 price target for the company in a report on Friday, December 8th. Cowen set a $6.00 price target on Trivago and gave the stock a “hold” rating in a report on Monday, December 11th. Zacks Investment Research lowered Trivago from a “hold” rating to a “sell” rating in a report on Wednesday, December 27th. Citigroup reaffirmed a “neutral” rating on shares of Trivago in a report on Friday, January 5th. Finally, SunTrust Banks started coverage on Trivago in a report on Tuesday, January 23rd. They issued a “hold” rating for the company. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $14.70.
Trivago (TRVG) traded down $0.01 during trading hours on Wednesday, reaching $8.51. The company’s stock had a trading volume of 199,918 shares, compared to its average volume of 1,219,900. Trivago has a twelve month low of $6.45 and a twelve month high of $24.27. The stock has a market capitalization of $3,065.17, a P/E ratio of -170.17 and a beta of 0.39.
Hedge funds have recently modified their holdings of the business. Creative Planning increased its holdings in shares of Trivago by 87.1% in the second quarter. Creative Planning now owns 4,360 shares of the technology company’s stock worth $103,000 after buying an additional 2,030 shares during the period. Kornitzer Capital Management Inc. KS increased its holdings in shares of Trivago by 4.8% in the first quarter. Kornitzer Capital Management Inc. KS now owns 104,810 shares of the technology company’s stock worth $1,366,000 after buying an additional 4,810 shares during the period. Thompson Davis & CO. Inc. purchased a new position in shares of Trivago in the second quarter worth about $124,000. TD Asset Management Inc. increased its holdings in shares of Trivago by 8.6% in the second quarter. TD Asset Management Inc. now owns 74,781 shares of the technology company’s stock worth $1,769,000 after buying an additional 5,900 shares during the period. Finally, TCW Group Inc. increased its holdings in shares of Trivago by 1.5% in the third quarter. TCW Group Inc. now owns 468,000 shares of the technology company’s stock worth $5,078,000 after buying an additional 7,042 shares during the period. 7.28% of the stock is owned by hedge funds and other institutional investors.
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Trivago 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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