Trivago NV – (TRVG) Receives Consensus Recommendation of “Hold” from Analysts

Trivago NV – (NASDAQ:TRVG) has been given a consensus recommendation of “Hold” by the fourteen ratings firms that are presently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price target among brokers that have covered the stock in the last year is $12.75.

TRVG has been the topic of several recent analyst reports. Deutsche Bank raised shares of Trivago from a “hold” rating to a “buy” rating and set a $13.00 target price on the stock in a research note on Friday, December 8th. Citigroup raised shares of Trivago from a “neutral” rating to a “buy” rating and set a $9.00 price target on the stock in a research note on Tuesday, November 7th. Zacks Investment Research lowered shares of Trivago from a “hold” rating to a “sell” rating in a research note on Wednesday, December 27th. Cowen set a $6.00 price target on shares of Trivago and gave the company a “hold” rating in a research note on Monday, December 11th. Finally, Morgan Stanley decreased their price target on shares of Trivago from $12.00 to $8.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 26th.

Shares of Trivago (NASDAQ TRVG) opened at $8.20 on Tuesday. Trivago has a 12 month low of $6.45 and a 12 month high of $24.27. The stock has a market cap of $2,880.00 and a PE ratio of -820.00.

Institutional investors have recently modified their holdings of the stock. Artisan Partners Limited Partnership acquired a new stake in Trivago in the 3rd quarter valued at about $6,954,000. TCW Group Inc. raised its holdings in Trivago by 1.5% in the 3rd quarter. TCW Group Inc. now owns 468,000 shares of the technology company’s stock valued at $5,078,000 after acquiring an additional 7,042 shares during the last quarter. Granahan Investment Management Inc. MA raised its holdings in Trivago by 13.3% in the 3rd quarter. Granahan Investment Management Inc. MA now owns 339,322 shares of the technology company’s stock valued at $3,682,000 after acquiring an additional 39,882 shares during the last quarter. Lord Abbett & CO. LLC acquired a new stake in Trivago in the 2nd quarter valued at about $4,243,000. Finally, Ameriprise Financial Inc. acquired a new stake in Trivago in the 2nd quarter valued at about $4,186,000. 7.98% of the stock is currently owned by hedge funds and other institutional investors.

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About Trivago

Trivago NV is a company based in the Netherlands that operates an online hotel search platform. The platform allows users to search for, compare and book hotels. It gathers information from various third parties’ platforms and provides information about the hotel, pictures, ratings, reviews and filters, such as price, location and extra options.

Analyst Recommendations for Trivago (NASDAQ:TRVG)

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