Baader Bank Aktiengesellschaft Invests $623,000 in trivago (NASDAQ:TRVG)

Baader Bank Aktiengesellschaft acquired a new stake in shares of trivago (NASDAQ:TRVG) in the fourth quarter, Holdings Channel reports. The firm acquired 285,804 shares of the technology company’s stock, valued at approximately $623,000.

trivago Stock Performance

NASDAQ:TRVG opened at $2.80 on Friday. The firm has a 50-day simple moving average of $2.39 and a 200-day simple moving average of $2.05. trivago has a one year low of $1.60 and a one year high of $3.29.

Wall Street Analysts Forecast Growth

TRVG has been the topic of a number of research reports. Susquehanna reduced their target price on shares of trivago from $2.25 to $1.75 and set a “neutral” rating on the stock in a research report on Thursday, November 7th. StockNews.com assumed coverage on trivago in a report on Friday. They set a “buy” rating on the stock. Finally, UBS Group lowered their target price on trivago from $2.25 to $1.95 and set a “neutral” rating for the company in a report on Wednesday, October 23rd. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, trivago presently has a consensus rating of “Hold” and a consensus target price of $2.55.

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.