trivago (NASDAQ:TRVG) Price Target Raised to $4.50

trivago (NASDAQ:TRVG) had its target price boosted by Citigroup from $2.60 to $4.50 in a research note released on Monday morning,Benzinga reports. The firm currently has a neutral rating on the technology company’s stock.

Separately, StockNews.com started coverage on shares of trivago in a research report on Saturday, February 8th. They issued a “strong-buy” rating for the company. Four investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, trivago presently has a consensus rating of “Moderate Buy” and an average target price of $2.94.

trivago Trading Up 11.2 %

NASDAQ:TRVG opened at $4.77 on Monday. The stock has a 50 day moving average of $3.58 and a two-hundred day moving average of $2.51. trivago has a 12 month low of $1.60 and a 12 month high of $5.03. The firm has a market cap of $333.59 million, a P/E ratio of -477.00 and a beta of 1.57.

trivago (NASDAQ:TRVG) last issued its quarterly earnings results on Tuesday, February 4th. The technology company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.05 by $0.02. trivago had a positive return on equity of 0.09% and a negative net margin of 5.20%. On average, research analysts forecast that trivago will post -0.08 earnings per share for the current year.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in trivago stock. Baader Bank Aktiengesellschaft bought a new position in shares of trivago (NASDAQ:TRVG) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 285,804 shares of the technology company’s stock, valued at approximately $623,000. Baader Bank Aktiengesellschaft owned 0.41% of trivago at the end of the most recent reporting period. Institutional investors and hedge funds own 4.50% of the company’s stock.

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.