Trivago N.V. ADS (NASDAQ:TRVG) Upgraded by Mizuho to Hold Rating

Key Points

• Mizuho has upgraded Trivago N.V. ADS (NASDAQ:TRVG) to a "hold" rating, indicating a shift in market perception for the stock.
• Other analysts have recently changed their ratings; Susquehanna lowered its price target from $5.50 to $4.00, and Wall Street Zen downgraded from "buy" to "hold," leading to a current consensus rating of "hold."
• Trivago's shares are trading around $3.34, with a market capitalization of $235.06 million, reflecting volatility as the stock has fluctuated between a 12-month low of $1.60 and a high of $5.83.

Trivago N.V. ADS (NASDAQ:TRVG - Get Free Report) was upgraded by stock analysts at Mizuho to a "hold" rating in a report released on Monday,Zacks.com reports.

Several other research analysts also recently commented on the company. Susquehanna reduced their price objective on Trivago N.V. ADS from $5.50 to $4.00 and set a "neutral" rating for the company in a research note on Thursday, August 7th. Wall Street Zen cut shares of Trivago N.V. ADS from a "buy" rating to a "hold" rating in a research report on Sunday, August 10th. 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 currently has a consensus rating of "Hold" and a consensus price target of $4.18.

Trivago N.V. ADS Price Performance

Shares of Trivago N.V. ADS stock opened at $3.34 on Monday. The stock has a market capitalization of $235.06 million, a P/E ratio of -334.00 and a beta of 1.47. The business has a 50 day simple moving average of $3.50 and a two-hundred day simple moving average of $3.89. Trivago N.V. ADS has a 12 month low of $1.60 and a 12 month high of $5.83.

Institutional Investors Weigh In On Trivago N.V. ADS

A number of hedge funds have recently modified their holdings of TRVG. G2 Investment Partners Management LLC purchased a new position in Trivago N.V. ADS in the second quarter worth approximately $1,986,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Trivago N.V. ADS during the 4th quarter worth $628,000. Boothbay Fund Management LLC purchased a new position in shares of Trivago N.V. ADS during the 2nd quarter worth $454,000. Marshall Wace LLP increased its position in shares of Trivago N.V. ADS by 272.6% during the 2nd quarter. Marshall Wace LLP now owns 137,638 shares of the technology company's stock worth $519,000 after purchasing an additional 100,699 shares during the last quarter. Finally, Compagnie Lombard Odier SCmA raised its holdings in 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 buying an additional 90,000 shares during the period. Hedge funds and other 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.