Waratah Capital Advisors Ltd. bought a new stake in Trivago N.V. ADS (NASDAQ:TRVG) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 315,000 shares of the company’s stock, valued at approximately $3,701,000.
Separately, Marshall Wace LLP purchased a new stake in shares of Trivago N.V. ADS during the fourth quarter valued at approximately $825,000.
Shares of Trivago N.V. ADS (NASDAQ:TRVG) traded up 3.76% during mid-day trading on Tuesday, reaching $13.52. 544,321 shares of the company’s stock traded hands. Trivago N.V. ADS has a 52 week low of $10.88 and a 52 week high of $13.87. The company’s 50 day moving average is $11.74 and its 200-day moving average is $11.76.
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Several brokerages recently commented on TRVG. Cowen and Company initiated coverage on Trivago N.V. ADS in a report on Tuesday, January 10th. They set an “outperform” rating and a $15.00 target price on the stock. Bank of America Corporation initiated coverage on Trivago N.V. ADS in a report on Tuesday, January 10th. They issued a “buy” rating on the stock. Goldman Sachs Group, Inc. (The) initiated coverage on Trivago N.V. ADS in a report on Tuesday, January 10th. They issued a “neutral” rating and a $14.00 price target on the stock. Guggenheim initiated coverage on Trivago N.V. ADS in a report on Tuesday, January 10th. They issued a “buy” rating and a $15.00 price target on the stock. Finally, J P Morgan Chase & Co initiated coverage on Trivago N.V. ADS in a report on Tuesday, January 10th. They issued an “overweight” rating and a $16.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $14.86.
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.
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