UBS Group Forecasts Strong Price Appreciation for trivago (NASDAQ:TRVG) Stock

trivago (NASDAQ:TRVG - Get Free Report) had its target price increased by equities research analysts at UBS Group from $3.10 to $3.40 in a report issued on Monday,Benzinga reports. The firm currently has a "neutral" rating on the technology company's stock. UBS Group's price target would indicate a potential downside of 17.48% from the stock's current price.

Several other equities research analysts have also recently weighed in on TRVG. StockNews.com started coverage on shares of trivago in a research report on Saturday, February 8th. They set a "strong-buy" rating for the company. Citigroup raised their target price on trivago from $2.60 to $4.50 and gave the stock a "neutral" rating in a research note on Monday, March 17th. Four analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, trivago has a consensus rating of "Moderate Buy" and an average price target of $3.23.

trivago Stock Performance

Shares of TRVG stock traded up $0.48 on Monday, hitting $4.12. 114,819 shares of the company's stock traded hands, compared to its average volume of 81,820. The stock has a market capitalization of $288.14 million, a price-to-earnings ratio of -412.00 and a beta of 1.55. The company's fifty day simple moving average is $4.09 and its 200 day simple moving average is $2.96. trivago has a one year low of $1.60 and a one year high of $5.45.

trivago (NASDAQ:TRVG - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The technology company reported $0.07 EPS for the quarter, topping analysts' consensus estimates of $0.05 by $0.02. trivago had a positive return on equity of 0.09% and a negative net margin of 5.20%. As a group, sell-side analysts anticipate that trivago will post -0.08 earnings per share for the current fiscal year.

Hedge Funds Weigh In On trivago

A number of institutional investors have recently bought and sold shares of the stock. Compagnie Lombard Odier SCmA grew its holdings in shares of trivago by 150.0% during the 1st quarter. Compagnie Lombard Odier SCmA now owns 150,000 shares of the technology company's stock worth $615,000 after acquiring an additional 90,000 shares during the period. Baader Bank Aktiengesellschaft bought a new stake in shares of trivago during the fourth quarter valued at approximately $623,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of trivago during the fourth quarter valued at approximately $628,000. 4.50% of the stock is owned by institutional investors.

About trivago

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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