Deutsche Bank Reiterates “Buy” Rating for Trivago N.V. ADS (TRVG)

Trivago N.V. ADS (NASDAQ:TRVG)‘s stock had its “buy” rating reiterated by analysts at Deutsche Bank in a research note issued to investors on Thursday. They presently have a $10.00 price objective on the technology company’s stock. Deutsche Bank’s price target points to a potential upside of 38.12% from the company’s previous close.

Several other equities research analysts have also issued reports on TRVG. Citigroup reaffirmed a “neutral” rating on shares of Trivago N.V. ADS in a report on Friday. BidaskClub raised shares of Trivago N.V. ADS from a “strong sell” rating to a “sell” rating in a report on Friday. JPMorgan Chase & Co. lowered shares of Trivago N.V. ADS from an “overweight” rating to a “neutral” rating and set a $14.00 price target on the stock. in a report on Wednesday, September 27th. Morgan Stanley lowered shares of Trivago N.V. ADS from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $22.00 to $12.00 in a report on Thursday, September 28th. Finally, Guggenheim lowered shares of Trivago N.V. ADS from a “buy” rating to a “neutral” rating and set a $15.00 target price on the stock. in a report on Thursday, October 26th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $14.64.

Shares of Trivago N.V. ADS (NASDAQ:TRVG) opened at $7.24 on Thursday. The stock has a market cap of $2,650.00 and a P/E ratio of -724.00. Trivago N.V. ADS has a 1-year low of $6.45 and a 1-year high of $24.27.

Trivago N.V. ADS (NASDAQ:TRVG) last announced its quarterly earnings results on Wednesday, October 25th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.02. The company had revenue of $287.90 million for the quarter, compared to the consensus estimate of $286.07 million. The company’s revenue for the quarter was up 16.7% compared to the same quarter last year. During the same period last year, the firm posted ($0.01) earnings per share. equities analysts predict that Trivago N.V. ADS will post -0.01 EPS for the current year.

Institutional investors and hedge funds have recently bought and sold shares of the business. Thompson Davis & CO. Inc. bought a new stake in Trivago N.V. ADS during the 2nd quarter worth approximately $124,000. D.A. Davidson & CO. bought a new stake in Trivago N.V. ADS during the 2nd quarter worth approximately $190,000. Cetera Investment Advisers bought a new stake in Trivago N.V. ADS during the 2nd quarter worth approximately $210,000. AGF Investments Inc. bought a new stake in Trivago N.V. ADS during the 2nd quarter worth approximately $342,000. Finally, Parametric Portfolio Associates LLC grew its holdings in Trivago N.V. ADS by 104.2% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 25,197 shares of the technology company’s stock worth $596,000 after acquiring an additional 12,860 shares during the last quarter. 8.19% of the stock is currently owned by hedge funds and other institutional investors.

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About Trivago N.V. ADS

Trivago NV is a company based in the Netherlands that operates an online hotel search platform. The platform allows users to search for, compare and book hotels. It gathers information from various third parties’ platforms and provides information about the hotel, pictures, ratings, reviews and filters, such as price, location and extra options.

Analyst Recommendations for Trivago N.V. ADS (NASDAQ:TRVG)

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