Trivago (NASDAQ: TRVG) Gets Consensus ‘Hold’ Recommendation From Analysts

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TRVG
TRVG

Trivago (NASDAQ: TRVG) shares received an average ‘hold’ recommendation from 12 firms who have been covering Trivago. 8 equities analysts gave a rating of ‘hold’ and 2 gave a ‘buy’ rating. The company has a $2.07 price objective for 1 year from analysts.

On Friday, the company started from $2.52 at the stock market with a market cap of $886.69M. They have a -3.41 PEG ratio and 1.82 betas. Their lowest in 52 weeks is $1.25 while the highest in 52 weeks is $5.88. Their 50 day rolling average price stands at $2.27 while the 200-day rolling average price is at $1.85.

According to their 2nd November report, the firm had a quarterly EPs earnings of $0.01 that topped the $0.02 consensus estimate by almost $0.01. They have a 62.12% net negative margin with a 2.98% negative equity return. Their quarterly revenue was $70.88M as compared to the $72.99M estimate.

TRVG Stock Ventures

Citigroup Min. Coupon Russell raised the price objective of TRVG shares to $2.20 from $1.50. Wedbush demoted the price target to $1.60 from $2 and gave a rating of ‘neutral’. Mizuho lifted the price objective to $2.30 from $1.85 and gave a rating of ‘buy’. Zacks Research promoted the rating to ‘hold’ from ‘sell’. Morgan Stanley lifted the price objective to $2.20 from $2.10 and gave a rating of ‘equal weight’.

Bank of America increased their holdings on TRVG stock by almost 13,244.3%, owning $69,000 worth of shares. Virtu Financial lifted its stake by nearly 242.3% and own shares priced at $98,000. Squarepoint Ops increased their position by approximately 73.3% and their own shares valued at $249,000. Institutional investors own roughly 10.62% TRVG stock.