Trivago (TRVG) Rating Increased to Hold at ValuEngine
Trivago (NASDAQ:TRVG) was upgraded by equities researchers at ValuEngine from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday.
A number of other equities research analysts also recently weighed in on TRVG. Zacks Investment Research upgraded Trivago from a “sell” rating to a “hold” rating in a report on Tuesday, March 13th. BidaskClub upgraded Trivago from a “sell” rating to a “hold” rating in a report on Wednesday, March 14th. Mizuho started coverage on Trivago in a research report on Wednesday, March 21st. They set a “buy” rating and a $9.00 price objective for the company. JPMorgan Chase & Co. lowered Trivago from a “neutral” rating to an “underweight” rating in a research report on Thursday, March 22nd. Finally, Wedbush started coverage on Trivago in a research report on Tuesday, April 3rd. They set a “neutral” rating and a $7.50 price objective for the company. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $12.36.
Shares of Trivago opened at $4.97 on Friday, according to MarketBeat.com. Trivago has a twelve month low of $4.24 and a twelve month high of $24.27. The company has a market capitalization of $1.74 billion, a PE ratio of -82.83 and a beta of 1.31.
A number of large investors have recently added to or reduced their stakes in the stock. Dynamic Technology Lab Private Ltd acquired a new position in Trivago during the 1st quarter valued at approximately $685,000. Jane Street Group LLC acquired a new position in Trivago during the 1st quarter worth $108,000. Apertura Capital LLC acquired a new position in Trivago during the 1st quarter worth $5,462,000. Citigroup Inc. boosted its position in Trivago by 357.4% during the 1st quarter. Citigroup Inc. now owns 496,125 shares of the technology company’s stock worth $3,448,000 after acquiring an additional 387,669 shares during the period. Finally, JPMorgan Chase & Co. acquired a new position in Trivago during the 1st quarter worth $500,000. Institutional investors and hedge funds own 7.78% of the company’s stock.
Trivago Company Profile
trivago N.V., together with its subsidiaries, operates as a hotel search platform. It offers online meta-search for hotels by facilitating consumers' search for hotel accommodation through online travel agents, hotel chains, and independent hotels. The company provides access to its platform through 55 localized Websites and apps in 33 languages.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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