Trivago N.V. ADS (NASDAQ:TRVG) Rating Lowered to Hold at Wall Street Zen

Trivago N.V. ADS (NASDAQ:TRVG - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "buy" rating to a "hold" rating in a report issued on Friday.

Other research analysts have also issued research reports about the stock. UBS Group upped their price objective on shares of Trivago N.V. ADS from $3.10 to $3.40 and gave the company a "neutral" rating in a research report on Monday, April 28th. Susquehanna boosted their price target on Trivago N.V. ADS from $3.50 to $5.50 and gave the company a "neutral" rating in a research note on Monday, May 5th. Finally, B. Riley raised Trivago N.V. ADS from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $4.00 to $5.50 in a report on Thursday, May 1st. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, Trivago N.V. ADS currently has an average rating of "Hold" and an average target price of $4.73.

Trivago N.V. ADS Trading Down 0.5%

NASDAQ TRVG traded down $0.02 during trading on Friday, reaching $3.65. 29,044 shares of the company's stock were exchanged, compared to its average volume of 95,584. Trivago N.V. ADS has a fifty-two week low of $1.60 and a fifty-two week high of $5.83. The company's fifty day simple moving average is $4.02 and its 200-day simple moving average is $3.86. The firm has a market capitalization of $256.63 million, a PE ratio of 52.14 and a beta of 1.39.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Trivago N.V. ADS during the fourth quarter valued at $628,000. Compagnie Lombard Odier SCmA raised its position in Trivago N.V. ADS by 13.3% during the 2nd quarter. Compagnie Lombard Odier SCmA now owns 170,000 shares of the technology company's stock worth $641,000 after purchasing an additional 20,000 shares during the last quarter. Bosun Asset Management LLC bought a new stake in shares of Trivago N.V. ADS in the 1st quarter valued at about $328,000. NewEdge Advisors LLC bought a new stake in shares of Trivago N.V. ADS in the 1st quarter valued at about $258,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of Trivago N.V. ADS in the first quarter valued at about $75,000. 4.50% of the stock is owned by institutional investors.

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.