trivago (NASDAQ:TRVG) Coverage Initiated by Analysts at StockNews.com

Investment analysts at StockNews.com assumed coverage on shares of trivago (NASDAQ:TRVG) in a report released on Saturday. The brokerage set a “buy” rating on the technology company’s stock.

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

trivago Stock Performance

TRVG opened at $2.46 on Friday. The stock has a 50-day moving average of $1.87 and a 200-day moving average of $1.97. trivago has a 52-week low of $1.60 and a 52-week high of $3.29. The company has a market cap of $172.05 million, a PE ratio of -35.14 and a beta of 1.76.

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.