trivago N.V., together with its subsidiaries, operates a hotel and accommodation search platform in the United States, Germany, the United Kingdom, and internationally. It offers an online meta-search for hotels and accommodation through online travel agencies, hotel chains, and independent hotels. The company provides access to its platform through 53 localized websites and apps in 31 languages. As of December 31, 2021, its hotel search platform offered access to approximately 5.0 million hotels and other types of accommodation worldwide. The company was incorporated in 2005 and is headquartered in Düsseldorf, Germany. trivago N.V. is a subsidiary of Expedia Lodging Partner Services Sarl.
Analysts Set New Price Targets
TRVG has been the subject of several recent research reports. StockNews.com cut shares of trivago from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, May 4th. Truist Financial decreased their price target on trivago from $3.00 to $2.30 and set a "hold" rating for the company in a research note on Thursday, July 14th. TheStreet downgraded shares of trivago from a "c-" rating to a "d+" rating in a research report on Monday, June 6th. Morgan Stanley lowered their price objective on trivago from $2.60 to $2.40 and set an "equal weight" rating for the company in a research report on Friday, May 20th. Finally, Citigroup reduced their price target on shares of trivago from $2.65 to $2.50 and set a "neutral" rating for the company in a report on Wednesday, April 20th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $2.45.
trivago Price Performance
Shares of TRVG Stock traded up $0.11 during trading hours on Friday, reaching $1.65. The company had a trading volume of 750,641 shares, compared to its average volume of 232,232. The company has a market cap of $591.81 million, a price-to-earnings ratio of 55.02 and a beta of 1.56. trivago has a 12 month low of $1.42 and a 12 month high of $3.20. The business has a fifty day simple moving average of $1.58 and a 200-day simple moving average of $1.94.