Zacks Investment Research upgraded shares of Trivago N.V. ADS (NASDAQ:TRVG) from a sell rating to a hold rating in a report issued on Friday, September 8th.
According to Zacks, “trivago N.V. is a technology company. It provides internet-related services and products in the fields of hotels, lodging and metasearch. trivago N.V. is based in Duesseldorf, Germany. “
Several other analysts have also issued reports on the company. Morgan Stanley reissued an overweight rating and set a $25.00 target price on shares of Trivago N.V. ADS in a report on Saturday, July 22nd. Bank of America Corporation reaffirmed a neutral rating and issued a $24.00 price objective (up from $18.00) on shares of Trivago N.V. ADS in a research note on Wednesday, May 17th. Susquehanna Bancshares Inc reaffirmed a neutral rating and issued a $23.00 price objective (up from $14.00) on shares of Trivago N.V. ADS in a research note on Wednesday, May 17th. ValuEngine raised Trivago N.V. ADS from a sell rating to a hold rating in a research note on Friday, June 2nd. Finally, Deutsche Bank AG reaffirmed a hold rating and issued a $24.00 price objective (up from $19.00) on shares of Trivago N.V. ADS in a research note on Wednesday, July 26th. Nine investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Trivago N.V. ADS currently has an average rating of Hold and an average price target of $19.64.
Trivago N.V. ADS (TRVG) traded down 0.36% during trading on Friday, hitting $11.10. 861,425 shares of the stock were exchanged. The firm has a market cap of $3.89 billion and a PE ratio of 41.89. Trivago N.V. ADS has a 12-month low of $10.43 and a 12-month high of $24.27. The stock’s 50-day moving average price is $15.60 and its 200-day moving average price is $16.79.
Trivago N.V. ADS (NASDAQ:TRVG) last posted its quarterly earnings data on Friday, August 4th. The technology company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.02). The business had revenue of $298.30 million during the quarter, compared to analysts’ expectations of $293.16 million. The company’s revenue was up 66.6% on a year-over-year basis. On average, equities analysts expect that Trivago N.V. ADS will post $0.05 EPS for the current year.
Several large investors have recently made changes to their positions in TRVG. Macquarie Group Ltd. purchased a new position in shares of Trivago N.V. ADS during the fourth quarter valued at approximately $246,000. Sei Investments Co. purchased a new position in shares of Trivago N.V. ADS during the first quarter valued at approximately $179,000. TD Asset Management Inc. purchased a new position in shares of Trivago N.V. ADS during the first quarter valued at approximately $898,000. Parametric Portfolio Associates LLC purchased a new position in shares of Trivago N.V. ADS during the first quarter valued at approximately $161,000. Finally, Oxford Asset Management purchased a new position in Trivago N.V. ADS in the first quarter worth $255,000. 13.63% of the stock is currently owned by institutional investors.
About Trivago N.V. ADS
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.
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