trivago (NASDAQ:TRVG) Now Covered by StockNews.com

StockNews.com initiated coverage on shares of trivago (NASDAQ:TRVG) in a research report sent to investors on Thursday. The firm issued a buy rating on the technology company’s stock.

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

trivago Trading Up 4.7 %

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in trivago stock. Baader Bank Aktiengesellschaft bought a new stake in trivago (NASDAQ:TRVG) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 285,804 shares of the technology company’s stock, valued at approximately $623,000. Baader Bank Aktiengesellschaft owned approximately 0.41% of trivago as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors 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.