Trivago N.V. ADS (NASDAQ:TRVG) Raised to Buy at Wall Street Zen

Key Points

• Trivago N.V. ADS has been upgraded from a "hold" rating to a "buy" rating by analysts at Wall Street Zen, indicating a more positive outlook for the stock.
• Several research firms have followed suit, with B. Riley also raising their price target for Trivago from $4.00 to $5.50, reflecting increased investor confidence in the company's prospects.
• Trivago currently has a market cap of $277.02 million and is trading near its 1-year high of $5.83, suggesting a significant recovery potential within the travel sector.

Wall Street Zen upgraded shares of Trivago N.V. ADS (NASDAQ:TRVG - Free Report) from a hold rating to a buy rating in a research note released on Saturday.

Several other equities analysts have also recently weighed in on TRVG. Susquehanna lifted their price objective on Trivago N.V. ADS from $3.50 to $5.50 and gave the company a "neutral" rating in a report on Monday, May 5th. UBS Group lifted their price target on Trivago N.V. ADS from $3.10 to $3.40 and gave the company a "neutral" rating in a research note on Monday, April 28th. Finally, B. Riley upgraded Trivago N.V. ADS from a "neutral" rating to a "buy" rating and lifted their price target for the company from $4.00 to $5.50 in a research note on Thursday, May 1st. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Trivago N.V. ADS has a consensus rating of "Hold" and an average price target of $4.73.

Trivago N.V. ADS Trading Up 13.7%

NASDAQ TRVG traded up $0.54 during midday trading on Friday, hitting $4.48. The company had a trading volume of 194,612 shares, compared to its average volume of 124,717. The company has a market capitalization of $314.99 million, a PE ratio of 56.29 and a beta of 1.44. The firm has a 50-day moving average price of $3.89 and a 200-day moving average price of $3.97. Trivago N.V. ADS has a twelve month low of $1.60 and a twelve month high of $5.83.

Institutional Investors Weigh In On Trivago N.V. ADS

Institutional investors have recently made changes to their positions in the stock. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Trivago N.V. ADS in the 4th quarter valued at about $628,000. Compagnie Lombard Odier SCmA lifted its stake in shares of Trivago N.V. ADS by 150.0% in the 1st quarter. Compagnie Lombard Odier SCmA now owns 150,000 shares of the technology company's stock valued at $615,000 after purchasing an additional 90,000 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in Trivago N.V. ADS in the first quarter worth $75,000. Bosun Asset Management LLC bought a new stake in Trivago N.V. ADS in the first quarter valued at $328,000. Finally, NewEdge Advisors LLC bought a new stake in Trivago N.V. ADS in the first quarter valued at $258,000. Institutional investors own 4.50% of the company's stock.

Trivago N.V. ADS 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.