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

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

Several other brokerages have also commented on TRVG. Susquehanna cut their price objective on trivago from $2.25 to $1.75 and set a “neutral” rating for the company in a report on Thursday, November 7th. UBS Group cut their price objective on trivago from $2.25 to $1.95 and set a “neutral” rating for the company in a report on Wednesday, October 23rd. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, trivago currently has a consensus rating of “Hold” and a consensus target price of $2.55.

trivago Stock Up 10.7 %

TRVG stock opened at $2.18 on Thursday. trivago has a twelve month low of $1.60 and a twelve month high of $3.29. The stock has a 50-day simple moving average of $1.71 and a two-hundred day simple moving average of $1.96.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in trivago stock. Tidal Investments LLC bought a new position in trivago (NASDAQ:TRVG) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 142,358 shares of the technology company’s stock, valued at approximately $393,000. Tidal Investments LLC owned about 0.20% of trivago at the end of the most recent reporting period. Institutional investors and hedge funds own 4.50% of the company’s stock.

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.