trivago (NASDAQ:TRVG) Receives Consensus Rating of “Hold” from Brokerages

trivago (NASDAQ:TRVGGet Rating) has received an average rating of “Hold” from the eight research firms that are presently covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $2.10.

TRVG has been the subject of a number of recent research reports. Mizuho lowered their target price on trivago from $3.00 to $2.50 and set a “buy” rating for the company in a research note on Thursday, August 11th. TheStreet lowered trivago from a “c-” rating to a “d+” rating in a research note on Monday, June 6th. Morgan Stanley lowered their target price on trivago from $2.20 to $2.10 and set an “equal weight” rating for the company in a research note on Tuesday, August 23rd. Truist Financial lowered their price target on trivago from $3.00 to $2.30 and set a “hold” rating for the company in a research report on Thursday, July 14th. Finally, UBS Group lowered their price target on trivago from $2.80 to $1.50 and set a “neutral” rating for the company in a research report on Monday, August 1st.

Institutional Investors Weigh In On trivago

Several large investors have recently made changes to their positions in TRVG. Bank of America Corp DE boosted its position in shares of trivago by 11,846.0% during the first quarter. Bank of America Corp DE now owns 11,946 shares of the technology company’s stock valued at $28,000 after buying an additional 11,846 shares during the period. Fulton Bank N.A. purchased a new position in shares of trivago during the first quarter valued at approximately $29,000. Vanguard Personalized Indexing Management LLC boosted its position in shares of trivago by 89.5% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 20,981 shares of the technology company’s stock valued at $31,000 after buying an additional 9,910 shares during the period. UBS Group AG purchased a new position in shares of trivago during the second quarter valued at approximately $40,000. Finally, Envestnet Asset Management Inc. purchased a new position in shares of trivago during the second quarter valued at approximately $55,000. 10.00% of the stock is owned by institutional investors.

trivago Trading Down 2.1 %

NASDAQ TRVG opened at $1.41 on Thursday. trivago has a 1-year low of $1.37 and a 1-year high of $3.20. The stock has a 50-day moving average of $1.54 and a 200-day moving average of $1.77. The firm has a market cap of $505.72 million, a PE ratio of -10.07 and a beta of 1.51.

trivago Company Profile

(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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Analyst Recommendations for trivago (NASDAQ:TRVG)

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