Trivago N.V. ADS (NASDAQ:TRVG) Raised to Buy at Wall Street Zen

Trivago N.V. ADS (NASDAQ:TRVG) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Saturday.

Several other equities analysts also recently commented on TRVG. Susquehanna upped their price objective on 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. B. Riley raised Trivago N.V. ADS from a “neutral” rating to a “buy” rating and increased their price target for the stock from $4.00 to $5.50 in a research report on Thursday, May 1st. Finally, UBS Group increased their price target on Trivago N.V. ADS from $3.10 to $3.40 and gave the stock a “neutral” rating in a research report on Monday, April 28th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $4.73.

Trivago N.V. ADS Stock Down 0.3%

Shares of Trivago N.V. ADS stock opened at $3.94 on Friday. The stock’s fifty day moving average is $3.89 and its two-hundred day moving average is $3.97. The company has a market capitalization of $277.02 million, a PE ratio of 56.29 and a beta of 1.44. Trivago N.V. ADS has a 52 week low of $1.60 and a 52 week high of $5.83.

Hedge Funds Weigh In On Trivago N.V. ADS

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

About Trivago N.V. ADS

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.