Hostelworld Group (LON:HSW) Receives Buy Rating from Berenberg Bank

Hostelworld Group (LON:HSW)‘s stock had its “buy” rating reissued by investment analysts at Berenberg Bank in a report released on Friday,London Stock Exchange reports. They currently have a GBX 171 price target on the stock. Berenberg Bank’s price target would indicate a potential upside of 58.33% from the stock’s previous close.

Several other equities analysts have also issued reports on the stock. Shore Capital Group reissued a “buy” rating on shares of Hostelworld Group in a report on Thursday, March 26th. Canaccord Genuity Group boosted their price target on shares of Hostelworld Group from GBX 200 to GBX 205 and gave the company a “buy” rating in a report on Friday, March 27th. Six research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of GBX 196.83.

Hostelworld Group Price Performance

Shares of HSW stock opened at GBX 108 on Friday. Hostelworld Group has a 12-month low of GBX 93.73 and a 12-month high of GBX 148. The firm has a market capitalization of £133.15 million, a price-to-earnings ratio of 19.85 and a beta of 0.77. The company has a quick ratio of 1.20, a current ratio of 0.91 and a debt-to-equity ratio of 20.11. The firm has a fifty day moving average of GBX 104.44 and a 200-day moving average of GBX 115.11.

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. In addition, it engages in the technology trading business. The company was founded in 1999 and is based in Dublin, Ireland.