Baader Bank Aktiengesellschaft Makes New Investment in trivago (NASDAQ:TRVG)

Baader Bank Aktiengesellschaft acquired a new stake in shares of trivago (NASDAQ:TRVG) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 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 SEC filing.

Analyst Ratings Changes

TRVG has been the subject of a number of research reports. StockNews.com started coverage on trivago in a research note on Friday. They set a “buy” rating for the company. UBS Group lowered their target price on trivago from $2.25 to $1.95 and set a “neutral” rating for the company in a research report on Wednesday, October 23rd. Finally, Susquehanna cut their target price on shares of trivago from $2.25 to $1.75 and set a “neutral” rating for the company in a report on Thursday, November 7th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, trivago presently has an average rating of “Hold” and an average price target of $2.55.

trivago Stock Performance

Shares of TRVG stock opened at $2.80 on Friday. The stock’s 50 day simple moving average is $2.39 and its two-hundred day simple moving average is $2.05. trivago has a 1 year low of $1.60 and a 1 year high of $3.29.

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.