trivago (NASDAQ:TRVG) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of trivago (NASDAQ:TRVG) in a research note released on Thursday morning. The brokerage issued a buy rating on the technology company’s stock.

A number of other brokerages also recently commented on TRVG. UBS Group reduced their price target on trivago from $2.25 to $1.95 and set a “neutral” rating for the company in a report on Wednesday, October 23rd. Susquehanna decreased their price target on shares of trivago from $2.25 to $1.75 and set a “neutral” rating for the company in a research report on Thursday, November 7th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $2.55.

trivago Trading Up 4.7 %

Shares of TRVG stock opened at $2.67 on Thursday. The company’s fifty day moving average price is $2.26 and its two-hundred day moving average price is $2.02. trivago has a 12 month low of $1.60 and a 12 month high of $3.29.

Institutional Trading of trivago

An institutional investor recently bought a new position in trivago stock. Baader Bank Aktiengesellschaft purchased a new stake in trivago (NASDAQ:TRVG) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 285,804 shares of the technology company’s stock, valued at approximately $623,000. Baader Bank Aktiengesellschaft owned about 0.41% of trivago at the end of the most recent quarter. Institutional investors own 4.50% of the company’s stock.

trivago Company Profile

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.