Citigroup Inc. reaffirmed their hold rating on shares of Trivago N.V. ADS (NASDAQ:TRVG) in a research report report published on Wednesday. Citigroup Inc. currently has a $12.00 price target on the technology company’s stock.

Several other research analysts have also recently issued reports on TRVG. Susquehanna Bancshares Inc reissued a neutral rating and set a $21.00 price target (down from $23.00) on shares of Trivago N.V. ADS in a report on Wednesday, August 9th. Zacks Investment Research cut shares of Trivago N.V. ADS from a buy rating to a hold rating in a report on Saturday, August 12th. J P Morgan Chase & Co reissued an overweight rating and set a $23.00 price target on shares of Trivago N.V. ADS in a report on Wednesday, August 9th. Cowen and Company reissued a market perform rating and set a $18.00 price target (down from $20.00) on shares of Trivago N.V. ADS in a report on Wednesday, August 9th. Finally, Bank of America Corporation cut shares of Trivago N.V. ADS from a buy rating to a neutral rating and cut their price target for the stock from $22.00 to $14.00 in a report on Thursday, September 7th. Nine investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average target price of $19.00.

Trivago N.V. ADS (TRVG) opened at 10.70 on Wednesday. The company has a 50-day moving average price of $14.97 and a 200-day moving average price of $16.85. The stock has a market cap of $3.75 billion and a price-to-earnings ratio of 40.07. Trivago N.V. ADS has a 52 week low of $10.43 and a 52 week high of $24.27.

Trivago N.V. ADS (NASDAQ:TRVG) last announced its earnings results on Friday, August 4th. The technology company reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.02). The firm had revenue of $298.30 million for the quarter, compared to analyst estimates of $293.16 million. Trivago N.V. ADS’s revenue was up 66.6% compared to the same quarter last year. Equities research analysts anticipate that Trivago N.V. ADS will post $0.05 EPS for the current year.

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Several hedge funds have recently added to or reduced their stakes in the company. Foxhaven Asset Management LP grew its position in shares of Trivago N.V. ADS by 29.1% in the second quarter. Foxhaven Asset Management LP now owns 3,427,860 shares of the technology company’s stock valued at $81,103,000 after purchasing an additional 773,500 shares during the last quarter. Steadfast Capital Management LP grew its position in shares of Trivago N.V. ADS by 427.9% in the second quarter. Steadfast Capital Management LP now owns 2,903,957 shares of the technology company’s stock valued at $68,708,000 after purchasing an additional 2,353,883 shares during the last quarter. Acadian Asset Management LLC grew its position in shares of Trivago N.V. ADS by 227.4% in the second quarter. Acadian Asset Management LLC now owns 740,860 shares of the technology company’s stock valued at $17,529,000 after purchasing an additional 514,541 shares during the last quarter. Morgan Stanley grew its position in shares of Trivago N.V. ADS by 72.5% in the first quarter. Morgan Stanley now owns 579,453 shares of the technology company’s stock valued at $7,551,000 after purchasing an additional 243,633 shares during the last quarter. Finally, Sylebra HK Co Ltd acquired a new stake in shares of Trivago N.V. ADS in the first quarter valued at approximately $7,246,000. Institutional investors and hedge funds own 13.63% of the company’s stock.

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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