Trivago N.V. ADS (NASDAQ:TRVG) Rating Increased 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 report released on Saturday.

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

Trivago N.V. ADS Trading Down 26.9%

Shares of TRVG traded down $1.30 during trading hours on Friday, reaching $3.54. 574,143 shares of the company traded hands, compared to its average volume of 128,740. The firm has a market cap of $248.90 million, a price-to-earnings ratio of 64.00 and a beta of 1.44. Trivago N.V. ADS has a 12-month low of $1.60 and a 12-month high of $5.83. The stock's fifty day moving average price is $3.91 and its 200 day moving average price is $3.99.

Hedge Funds Weigh In On Trivago N.V. ADS

Hedge funds have recently modified their holdings of the stock. Compagnie Lombard Odier SCmA increased its holdings in shares of Trivago N.V. ADS by 150.0% during the first quarter. Compagnie Lombard Odier SCmA now owns 150,000 shares of the technology company's stock valued at $615,000 after acquiring an additional 90,000 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Trivago N.V. ADS in the fourth quarter valued at approximately $628,000. NewEdge Advisors LLC purchased a new stake in Trivago N.V. ADS in the first quarter valued at approximately $258,000. Cubist Systematic Strategies LLC purchased a new stake in Trivago N.V. ADS in the first quarter valued at approximately $75,000. Finally, Bosun Asset Management LLC purchased a new stake in Trivago N.V. ADS in the first quarter valued at approximately $328,000. Institutional investors and hedge funds 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.