trivago (NASDAQ:TRVG) Stock Rating Upgraded by B. Riley

trivago (NASDAQ:TRVG) was upgraded by equities research analysts at B. Riley from a “neutral” rating to a “buy” rating in a research note issued to investors on Thursday, MarketBeat.com reports. The firm currently has a $5.50 price objective on the technology company’s stock, up from their prior price objective of $4.00. B. Riley’s price objective points to a potential upside of 5.77% from the stock’s previous close.

Other equities research analysts also recently issued reports about the company. UBS Group lifted their price objective on trivago from $3.10 to $3.40 and gave the company a “neutral” rating in a report on Monday, April 28th. StockNews.com initiated coverage on trivago in a research report on Saturday, February 8th. They issued a “strong-buy” rating for the company. Finally, Citigroup raised their price target on trivago from $2.60 to $4.50 and gave the stock a “neutral” rating in a research report on Monday, March 17th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $3.79.

trivago Stock Performance

Shares of TRVG stock opened at $5.20 on Thursday. The company has a market capitalization of $363.67 million, a price-to-earnings ratio of -520.00 and a beta of 1.55. The stock’s 50 day simple moving average is $4.13 and its 200 day simple moving average is $3.04. trivago has a twelve month low of $1.60 and a twelve month high of $5.83.

trivago (NASDAQ:TRVG) last posted its earnings results on Tuesday, February 4th. The technology company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.02. trivago had a negative net margin of 5.20% and a positive return on equity of 0.09%. On average, analysts forecast that trivago will post -0.08 EPS for the current fiscal year.

Institutional Investors Weigh In On trivago

Several hedge funds have recently added to or reduced their stakes in TRVG. Compagnie Lombard Odier SCmA grew its stake in trivago by 150.0% in the 1st quarter. Compagnie Lombard Odier SCmA now owns 150,000 shares of the technology company’s stock valued at $615,000 after buying an additional 90,000 shares during the last quarter. Baader Bank Aktiengesellschaft acquired a new position in trivago in the 4th quarter valued at $623,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in trivago during the 4th quarter worth $628,000. Institutional investors and hedge funds own 4.50% of the company’s stock.

About trivago

trivago N.V., together with its subsidiaries, operates a hotel and accommodation search platform in the United States, Germany, the United Kingdom, Canada, Japan, and internationally. It offers an online meta-search for hotels and accommodation through online travel agencies, hotel chains, and independent hotels.