Trivago N.V. ADS (NASDAQ:TRVG) Stock Moved Down to “Strong Sell” by Zacks Research

Zacks Research cut shares of Trivago N.V. ADS (NASDAQ:TRVG) from a hold rating to a strong sell rating in a research report released on Tuesday morning,Zacks reports.

TRVG has been the subject of a number of other research reports. UBS Group decreased their target price on Trivago N.V. ADS from $6.00 to $4.80 and set a “neutral” rating for the company in a report on Tuesday, November 3rd. Susquehanna dropped their price objective on shares of Trivago N.V. ADS from $5.50 to $4.00 and set a “neutral” rating for the company in a research report on Thursday, November 5th. Weiss Ratings raised shares of Trivago N.V. ADS from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday. B. Riley Financial raised their target price on shares of Trivago N.V. ADS from $6.00 to $8.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Finally, Mizuho lifted their target price on shares of Trivago N.V. ADS from $3.00 to $5.00 and gave the company a “neutral” rating in a report on Tuesday, August 11th. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $5.03.

Trivago N.V. ADS Trading Up 5.3%

TRVG stock opened at $3.75 on Tuesday. The stock has a 50-day moving average price of $4.72 and a two-hundred day moving average price of $4.09. Trivago N.V. ADS has a 12-month low of $2.59 and a 12-month high of $6.80. The company has a market cap of $264.82 million, a PE ratio of 125.00 and a beta of 0.99.

Hedge Funds Weigh In On Trivago N.V. ADS

An institutional investor recently raised its position in Trivago N.V. ADS stock. Sei Investments Co. raised its position in Trivago N.V. ADS (NASDAQ:TRVG) by 294.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,707 shares of the technology company’s stock after acquiring an additional 40,080 shares during the quarter. Sei Investments Co. owned 0.08% of Trivago N.V. ADS worth $146,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 4.50% of the company’s stock.

Trivago N.V. ADS Company Profile

Trivago N.V. operates an online hotel and accommodation metasearch platform. Through its websites and mobile apps, the company helps travelers compare lodging options, prices and offers from online travel agencies, hotel chains and independent properties. Trivago’s platform serves travelers in markets around the world, with localized websites and apps designed for different countries and languages. The company generally directs users to third-party booking providers or accommodation partners to complete a reservation.