Trivago N.V. ADS (NASDAQ:TRVG) Now Covered by Mizuho

Key Points

• Mizuho has initiated coverage on Trivago N.V. ADS (NASDAQ:TRVG) with a "neutral" rating and a price target of $3.50, indicating a potential upside of 3.55% from its previous close.
• The stock has a consensus rating of "Hold" from analysts, with an average target price of $4.18, following recent downgrades from other firms.
• Trivago's shares have recently been trading at $3.38 and are down 2.0%, with a one-year range between $1.60 and $5.83.

Research analysts at Mizuho started coverage on shares of Trivago N.V. ADS (NASDAQ:TRVG - Get Free Report) in a research report issued on Tuesday,Briefing.com Automated Import reports. The brokerage set a "neutral" rating and a $3.50 price target on the technology company's stock. Mizuho's target price would indicate a potential upside of 3.55% from the company's previous close.

TRVG has been the subject of several other research reports. Wall Street Zen downgraded Trivago N.V. ADS from a "buy" rating to a "hold" rating in a research note on Sunday, August 10th. Susquehanna cut their price objective on shares of Trivago N.V. ADS from $5.50 to $4.00 and set a "neutral" rating on the stock in a report on Thursday, August 7th. One analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $4.18.

Trivago N.V. ADS Trading Down 2.0%

Shares of TRVG stock opened at $3.38 on Tuesday. Trivago N.V. ADS has a 1 year low of $1.60 and a 1 year high of $5.83. The stock has a market cap of $237.88 million, a P/E ratio of -338.00 and a beta of 1.47. The stock has a 50 day simple moving average of $3.51 and a 200 day simple moving average of $3.90.

Institutional Investors Weigh In On Trivago N.V. ADS

A number of hedge funds and other institutional investors have recently bought and sold shares of TRVG. Walleye Capital LLC purchased a new stake in shares of Trivago N.V. ADS in the second quarter worth $40,000. Bank of America Corp DE grew its holdings in Trivago N.V. ADS by 2,050.1% during the 2nd quarter. Bank of America Corp DE now owns 11,417 shares of the technology company's stock valued at $43,000 after buying an additional 10,886 shares in the last quarter. Quadrature Capital Ltd purchased a new position in shares of Trivago N.V. ADS in the second quarter worth $73,000. Cubist Systematic Strategies LLC bought a new position in shares of Trivago N.V. ADS during the 1st quarter valued at about $75,000. Finally, Jump Financial LLC bought a new position in Trivago N.V. ADS during the second quarter valued at approximately $94,000. Hedge funds and other institutional investors 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.

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