Hostelworld Group (LON:HSW) Given “Buy” Rating at Shore Capital

Shore Capital reaffirmed their buy rating on shares of Hostelworld Group (LON:HSW) in a research note released on Tuesday morning, Marketbeat.com reports.

Several other equities research analysts have also recently issued reports on HSW. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 215 price objective on shares of Hostelworld Group in a research report on Thursday, July 31st. Peel Hunt restated a “buy” rating and set a GBX 160 price objective on shares of Hostelworld Group in a research report on Wednesday, October 15th. Canaccord Genuity Group restated a “buy” rating and set a GBX 200 price objective on shares of Hostelworld Group in a research report on Monday, August 4th. Finally, Liberum Capital restated a “buy” rating and set a GBX 200 price objective on shares of Hostelworld Group in a research report on Friday, October 10th. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Hostelworld Group currently has a consensus rating of “Buy” and an average target price of GBX 201.

Hostelworld Group Price Performance

Hostelworld Group stock opened at GBX 125.50 on Tuesday. Hostelworld Group has a 12-month low of GBX 105 and a 12-month high of GBX 148. The stock has a market cap of £157.55 million, a P/E ratio of 21.27 and a beta of 1.90. The company has a 50-day moving average price of GBX 118.39 and a 200 day moving average price of GBX 119.94. The company has a current ratio of 0.43, a quick ratio of 1.20 and a debt-to-equity ratio of 0.81.

Hostelworld Group Company Profile

Hostelworld Group plc operates as an online travel agent focused on the hostel market worldwide. It offers software and data processing services that facilitate hostel, B&B, hotel, and other accommodation bookings. The company also provides business information consulting and marketing planning services; and marketing and research and development services, as well as management services.