StockNews.com Upgrades trivago (NASDAQ:TRVG) to “Strong-Buy”

trivago (NASDAQ:TRVG) was upgraded by equities research analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a note issued to investors on Monday.

TRVG has been the topic of several other reports. B. Riley raised shares of trivago from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $4.00 to $5.50 in a report on Thursday, May 1st. Susquehanna lifted their price objective on shares of trivago from $3.50 to $5.50 and gave the company a “neutral” rating in a research note on Monday, May 5th. Citigroup upped their target price on trivago from $2.60 to $4.50 and gave the stock a “neutral” rating in a research note on Monday, March 17th. Finally, UBS Group lifted their price objective on shares of trivago from $3.10 to $3.40 and gave the company a “neutral” rating in a report on Monday, April 28th. Three research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $4.73.

trivago Trading Down 1.7%

Shares of NASDAQ:TRVG opened at $4.75 on Monday. The business’s fifty day simple moving average is $4.21 and its 200-day simple moving average is $3.20. trivago has a 12-month low of $1.60 and a 12-month high of $5.83. The company has a market capitalization of $332.20 million, a PE ratio of -475.00 and a beta of 1.49.

Institutional Investors Weigh In On trivago

Institutional investors have recently bought and sold shares of the company. Baader Bank Aktiengesellschaft purchased a new position in trivago in the 4th quarter valued at $623,000. Compagnie Lombard Odier SCmA increased its holdings in shares of trivago 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 buying an additional 90,000 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of trivago during the 4th quarter valued at approximately $628,000. 4.50% of the stock is currently owned by institutional investors and hedge funds.

trivago 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.