Brokerages Set Trivago N.V. ADS (NASDAQ:TRVG) Price Target at $4.18

Shares of Trivago N.V. ADS (NASDAQ:TRVG) have earned a consensus recommendation of “Hold” from the five brokerages that are covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $4.18.

TRVG has been the subject of several recent research reports. Susquehanna decreased their price target on Trivago N.V. ADS from $5.50 to $4.00 and set a “neutral” rating for the company in a research note on Thursday, August 7th. Wall Street Zen cut Trivago N.V. ADS from a “buy” rating to a “hold” rating in a report on Sunday, August 10th. Finally, Mizuho began coverage on shares of Trivago N.V. ADS in a research report on Tuesday. They set a “neutral” rating and a $3.50 target price for the company.

Trivago N.V. ADS Stock Down 1.2%

Shares of Trivago N.V. ADS stock opened at $3.25 on Tuesday. The stock has a market cap of $228.74 million, a price-to-earnings ratio of -325.00 and a beta of 1.42. Trivago N.V. ADS has a twelve month low of $1.60 and a twelve month high of $5.83. The company’s fifty day moving average is $3.48 and its 200 day moving average is $3.88.

Hedge Funds Weigh In On Trivago N.V. ADS

Several hedge funds and other institutional investors have recently bought and sold shares of TRVG. Tidal Investments LLC boosted its position in Trivago N.V. ADS by 11.3% during the second quarter. Tidal Investments LLC now owns 66,115 shares of the technology company’s stock valued at $249,000 after acquiring an additional 6,706 shares during the last quarter. G2 Investment Partners Management LLC bought a new stake in shares of Trivago N.V. ADS during the 2nd quarter valued at about $1,986,000. BNP Paribas Financial Markets grew its stake in Trivago N.V. ADS by 11.2% during the second quarter. BNP Paribas Financial Markets now owns 92,433 shares of the technology company’s stock worth $348,000 after purchasing an additional 9,315 shares during the period. Boothbay Fund Management LLC bought a new stake in Trivago N.V. ADS in the second quarter worth approximately $454,000. Finally, Bank of America Corp DE increased its holdings in Trivago N.V. ADS by 2,050.1% in the second quarter. Bank of America Corp DE now owns 11,417 shares of the technology company’s stock worth $43,000 after purchasing an additional 10,886 shares in the last quarter. Institutional investors and hedge funds 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.