Brokerages Set trivago (NASDAQ:TRVG) Price Target at $4.34

trivago (NASDAQ:TRVG) has been given a consensus recommendation of “Hold” by the five research firms that are currently covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation. The average 1-year price objective among brokers that have covered the stock in the last year is $4.34.

A number of brokerages have recently issued reports on TRVG. UBS Group reduced their price objective on trivago from $6.25 to $2.25 and set a “neutral” rating on the stock in a research note on Monday, February 5th. StockNews.com raised trivago from a “hold” rating to a “buy” rating in a research report on Thursday, February 8th. Finally, Mizuho lowered their price target on trivago from $7.50 to $6.00 and set a “neutral” rating on the stock in a report on Wednesday, January 17th.

Hedge Funds Weigh In On trivago

Hedge funds have recently modified their holdings of the company. Acadian Asset Management LLC boosted its holdings in trivago by 29.9% in the 3rd quarter. Acadian Asset Management LLC now owns 2,877,620 shares of the technology company’s stock worth $2,998,000 after buying an additional 663,200 shares during the period. Inflection Point Investments LLP purchased a new position in trivago in the 4th quarter worth approximately $572,000. Cambridge Investment Research Advisors Inc. bought a new position in trivago in the 3rd quarter worth approximately $104,000. New York State Common Retirement Fund raised its position in shares of trivago by 79.6% during the third quarter. New York State Common Retirement Fund now owns 36,219 shares of the technology company’s stock valued at $38,000 after buying an additional 16,056 shares during the last quarter. Finally, Privium Fund Management UK Ltd purchased a new position in shares of trivago in the third quarter worth $37,000. 4.50% of the stock is currently owned by institutional investors.

trivago Stock Performance

trivago stock opened at $2.55 on Friday. trivago has a fifty-two week low of $2.26 and a fifty-two week high of $7.40. The firm’s fifty day moving average price is $2.63 and its 200-day moving average price is $3.07.

trivago (NASDAQ:TRVG) last posted its quarterly earnings data on Tuesday, February 6th. The technology company reported $0.01 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.01. The firm had revenue of $98.74 million during the quarter, compared to analysts’ expectations of $98.20 million. trivago had a positive return on equity of 8.00% and a negative net margin of 34.12%. On average, equities analysts forecast that trivago will post -0.08 earnings per share for the current year.

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.