B. Riley upgraded shares of trivago (NASDAQ:TRVG - Free Report) from a neutral rating to a buy rating in a research note released on Thursday morning, Marketbeat Ratings reports. The firm currently has $5.50 target price on the technology company's stock, up from their previous target price of $4.00.
A number of other brokerages have also commented on TRVG. UBS Group lifted their price target on shares of trivago from $3.10 to $3.40 and gave the stock a "neutral" rating in a research note on Monday, April 28th. StockNews.com assumed coverage on shares of trivago in a research note on Saturday, February 8th. They set 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 note on Monday, March 17th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $3.79.
Read Our Latest Analysis on trivago
trivago Stock Performance
TRVG stock remained flat at $5.20 during midday trading on Thursday. The company had a trading volume of 708,964 shares, compared to its average volume of 93,142. The business has a 50 day simple moving average of $4.13 and a 200-day simple moving average of $3.05. trivago has a fifty-two week low of $1.60 and a fifty-two week high of $5.83. The stock has a market capitalization of $363.67 million, a P/E ratio of -520.00 and a beta of 1.49.
trivago (NASDAQ:TRVG - Get Free Report) last announced its quarterly 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 positive return on equity of 0.09% and a negative net margin of 5.20%. On average, equities analysts predict that trivago will post -0.08 earnings per share for the current year.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the business. Compagnie Lombard Odier SCmA increased its stake in shares of trivago by 150.0% in 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. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in trivago during the fourth quarter valued at about $628,000. Finally, Baader Bank Aktiengesellschaft purchased a new stake in trivago in the fourth quarter worth about $623,000. 4.50% of the stock is currently owned by institutional investors.
trivago Company Profile
(
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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.
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