StockNews.com Initiates Coverage on trivago (NASDAQ:TRVG)

StockNews.com initiated coverage on shares of trivago (NASDAQ:TRVG) in a research note released on Tuesday morning. The firm issued a buy rating on the technology company’s stock.

Other analysts have also recently issued research reports about the company. Susquehanna reduced their price target on trivago from $2.25 to $1.75 and set a “neutral” rating for the company in a research report on Thursday, November 7th. UBS Group reduced their target price on shares of trivago from $2.25 to $1.95 and set a “neutral” rating for the company in a report on Wednesday, October 23rd. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $2.55.

trivago Price Performance

Shares of TRVG stock opened at $2.30 on Tuesday. The company has a market cap of $160.85 million, a price-to-earnings ratio of -32.85 and a beta of 1.73. trivago has a 1 year low of $1.60 and a 1 year high of $3.29. The firm has a fifty day moving average price of $2.08 and a 200-day moving average price of $1.98.

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.