trivago (NASDAQ:TRVG) Stock Rating Upgraded by B. Riley

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, Marketbeat reports. The brokerage currently has $5.50 price objective on the technology company's stock, up from their prior price objective of $4.00.

TRVG has been the subject of several other research reports. UBS Group lifted their target price on shares of trivago from $3.10 to $3.40 and gave the stock a "neutral" rating in a report on Monday, April 28th. Citigroup boosted their price target on trivago from $2.60 to $4.50 and gave the company a "neutral" rating in a research note on Monday, March 17th. Finally, StockNews.com began coverage on trivago in a report on Saturday, February 8th. They set a "strong-buy" rating for the company. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $4.73.

trivago Stock Down 6.8 %

Shares of NASDAQ:TRVG traded down $0.34 during midday trading on Thursday, reaching $4.68. 118,719 shares of the company were exchanged, compared to its average volume of 94,223. The stock has a fifty day simple moving average of $4.15 and a two-hundred day simple moving average of $3.08. trivago has a fifty-two week low of $1.60 and a fifty-two week high of $5.83. The firm has a market cap of $327.30 million, a PE ratio of -469.50 and a beta of 1.49.

trivago (NASDAQ:TRVG - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The technology company reported $0.07 earnings per share (EPS) for the quarter, topping 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%. As a group, analysts forecast that trivago will post -0.08 earnings per share for the current year.

Institutional Trading of trivago

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TRVG. Compagnie Lombard Odier SCmA increased its position in shares of trivago by 150.0% during the first 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 period. Baader Bank Aktiengesellschaft bought a new stake in shares of trivago during the 4th quarter valued at about $623,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in trivago in the fourth quarter valued at approximately $628,000. Institutional investors and hedge funds own 4.50% of the company's stock.

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.