Citigroup Boosts trivago (NASDAQ:TRVG) Price Target to $4.50

trivago (NASDAQ:TRVG) had its price objective increased by Citigroup from $2.60 to $4.50 in a report issued on Monday morning,Benzinga reports. The brokerage currently has a neutral rating on the technology company’s stock.

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

trivago Trading Up 11.2 %

Shares of NASDAQ:TRVG opened at $4.77 on Monday. The company has a market capitalization of $333.59 million, a price-to-earnings ratio of -477.00 and a beta of 1.57. trivago has a 12-month low of $1.60 and a 12-month high of $5.03. The business has a 50-day moving average price of $3.58 and a 200 day moving average price of $2.51.

trivago (NASDAQ:TRVG) last announced its quarterly earnings results on Tuesday, February 4th. The technology company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.02. trivago had a negative net margin of 5.20% and a positive return on equity of 0.09%. As a group, equities research analysts predict that trivago will post -0.08 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in trivago stock. Baader Bank Aktiengesellschaft purchased a new stake in trivago (NASDAQ:TRVG) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 285,804 shares of the technology company’s stock, valued at approximately $623,000. Baader Bank Aktiengesellschaft owned 0.41% of trivago as of its most recent SEC filing. 4.50% of the stock is currently owned by institutional investors and hedge funds.

About trivago

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.