Trivago N.V. ADS (NASDAQ:TRVG) Receives Consensus Recommendation of "Hold" from Brokerages

Key Points

• Trivago N.V. ADS (NASDAQ:TRVG) has received a consensus recommendation of "Hold" from five research firms, with one analyst giving a buy rating and an average one-year price target of $4.18.
• Institutional investors have recently increased their holdings, with Tidal Investments LLC acquiring an additional 11.3%, indicating growing confidence in the company despite a current market cap of $235.77 million.
• Trivago's stock has seen a slight decline of 0.9%, trading at $3.35, with a year-high of $5.83 and a low of $1.60, reflecting its fluctuating market performance.

Trivago N.V. ADS (NASDAQ:TRVG - Get Free Report) has been given an average recommendation of "Hold" by the five research firms that are currently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is $4.18.

A number of equities analysts have commented on the stock. Mizuho initiated coverage on shares of Trivago N.V. ADS in a research note on Tuesday. They set a "neutral" rating and a $3.50 target price on the stock. Susquehanna dropped their price objective on shares of Trivago N.V. ADS from $5.50 to $4.00 and set a "neutral" rating for the company in a report on Thursday, August 7th. Finally, Wall Street Zen cut shares of Trivago N.V. ADS from a "buy" rating to a "hold" rating in a report on Sunday, August 10th.

Institutional Trading of Trivago N.V. ADS

Several institutional investors have recently modified their holdings of the stock. Tidal Investments LLC increased its holdings in shares of Trivago N.V. ADS by 11.3% in the 2nd quarter. Tidal Investments LLC now owns 66,115 shares of the technology company's stock valued at $249,000 after purchasing an additional 6,706 shares in the last quarter. BNP Paribas Financial Markets boosted its position in shares of Trivago N.V. ADS by 11.2% in the second quarter. BNP Paribas Financial Markets now owns 92,433 shares of the technology company's stock worth $348,000 after acquiring an additional 9,315 shares during the last quarter. Walleye Capital LLC purchased a new position in Trivago N.V. ADS in the second quarter valued at approximately $40,000. Bank of America Corp DE raised its holdings in Trivago N.V. ADS by 2,050.1% in the second 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 during the period. Finally, Cubist Systematic Strategies LLC purchased a new stake in shares of Trivago N.V. ADS during the first quarter valued at approximately $75,000. Hedge funds and other institutional investors own 4.50% of the company's stock.

Trivago N.V. ADS Trading Down 0.9%

NASDAQ:TRVG traded down $0.03 during trading hours on Tuesday, reaching $3.35. 13,475 shares of the company were exchanged, compared to its average volume of 115,121. The stock's 50-day moving average is $3.51 and its 200-day moving average is $3.90. The firm has a market cap of $235.77 million, a PE ratio of -335.00 and a beta of 1.47. Trivago N.V. ADS has a twelve month low of $1.60 and a twelve month high of $5.83.

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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