trivago (NASDAQ:TRVG) Given Consensus Rating of “Hold” by Brokerages

Shares of trivago (NASDAQ:TRVGGet Rating) have been assigned an average rating of “Hold” from the seven analysts that are covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $2.79.

Several equities research analysts recently issued reports on TRVG shares. Citigroup reduced their price objective on trivago from $2.65 to $2.50 and set a “neutral” rating for the company in a research note on Wednesday, April 20th. Zacks Investment Research downgraded trivago from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 27th. Mizuho cut their price target on trivago from $3.60 to $3.00 in a research note on Thursday, May 5th. StockNews.com downgraded trivago from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, May 4th. Finally, TheStreet raised trivago from a “d+” rating to a “c-” rating in a research note on Friday, March 25th.

Several hedge funds have recently modified their holdings of the stock. CSS LLC IL raised its stake in shares of trivago by 13.7% in the 3rd quarter. CSS LLC IL now owns 36,874 shares of the technology company’s stock valued at $91,000 after acquiring an additional 4,444 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of trivago by 2.9% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 162,079 shares of the technology company’s stock valued at $353,000 after acquiring an additional 4,642 shares in the last quarter. Forum Financial Management LP bought a new position in shares of trivago in the 4th quarter valued at approximately $26,000. Fulton Bank N.A. bought a new position in shares of trivago in the 1st quarter valued at approximately $29,000. Finally, Cetera Advisor Networks LLC raised its stake in shares of trivago by 100.0% in the 3rd quarter. Cetera Advisor Networks LLC now owns 40,000 shares of the technology company’s stock valued at $99,000 after acquiring an additional 20,000 shares in the last quarter. 9.00% of the stock is currently owned by institutional investors and hedge funds.

Shares of NASDAQ TRVG opened at $1.67 on Friday. The stock has a market capitalization of $598.98 million, a price-to-earnings ratio of 55.69 and a beta of 1.63. The stock’s fifty day simple moving average is $2.10 and its 200 day simple moving average is $2.22. trivago has a 52-week low of $1.54 and a 52-week high of $4.17.

About trivago (Get Rating)

trivago N.V., together with its subsidiaries, operates a hotel and accommodation search platform in the United States, Germany, the United Kingdom, and internationally. It offers an online meta-search for hotels and accommodation through online travel agencies, hotel chains, and independent hotels. The company provides access to its platform through 53 localized websites and apps in 31 languages.

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