Trivago N.V. ADS (NASDAQ:TRVG) Downgraded by Wall Street Zen to “Hold”

Trivago N.V. ADS (NASDAQ:TRVG) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Friday.

A number of other brokerages have also recently commented on TRVG. UBS Group upped their price target on shares of Trivago N.V. ADS from $3.10 to $3.40 and gave the company a “neutral” rating in a research report on Monday, April 28th. B. Riley raised shares of Trivago N.V. ADS from a “neutral” rating to a “buy” rating and upped their price target for the company from $4.00 to $5.50 in a research report on Thursday, May 1st. Finally, Susquehanna upped their price target on shares of Trivago N.V. ADS from $3.50 to $5.50 and gave the company a “neutral” rating in a research report on Monday, May 5th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $4.73.

Trivago N.V. ADS Stock Down 0.5%

NASDAQ TRVG opened at $3.65 on Friday. The company has a market capitalization of $256.63 million, a price-to-earnings ratio of 182.50 and a beta of 1.39. The stock has a fifty day simple moving average of $4.02 and a 200 day simple moving average of $3.84. Trivago N.V. ADS has a twelve month low of $1.60 and a twelve month high of $5.83.

Hedge Funds Weigh In On Trivago N.V. ADS

Institutional investors and hedge funds have recently made changes to their positions in the stock. Cubist Systematic Strategies LLC bought a new position in shares of Trivago N.V. ADS during the 1st quarter worth about $75,000. NewEdge Advisors LLC bought a new position in shares of Trivago N.V. ADS during the 1st quarter worth about $258,000. Bosun Asset Management LLC bought a new position in shares of Trivago N.V. ADS during the 1st quarter worth about $328,000. Compagnie Lombard Odier SCmA boosted its position in shares of Trivago N.V. ADS by 150.0% during the 1st quarter. Compagnie Lombard Odier SCmA now owns 150,000 shares of the technology company’s stock worth $615,000 after purchasing an additional 90,000 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Trivago N.V. ADS during the 4th quarter worth about $628,000. Institutional investors own 4.50% of the company’s stock.

Trivago N.V. ADS Company Profile

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.