Hostelworld Group’s (HSW) “Buy” Rating Reiterated at Shore Capital Group

Shore Capital Group reaffirmed their buy rating on shares of Hostelworld Group (LON:HSW) in a research note issued to investors on Wednesday,Digital Look reports. They currently have a GBX 220 price objective on the stock.

HSW has been the topic of a number of other research reports. Berenberg Bank reduced their price objective on Hostelworld Group from GBX 171 to GBX 150 and set a “buy” rating on the stock in a research note on Wednesday. Canaccord Genuity Group lowered their target price on Hostelworld Group from GBX 205 to GBX 185 and set a “buy” rating for the company in a research note on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 215 price target on shares of Hostelworld Group in a report on Thursday, July 30th. Five equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of GBX 186.

Hostelworld Group Trading Down 1.5%

HSW stock opened at GBX 89 on Wednesday. The business has a fifty day moving average price of GBX 106.84 and a 200 day moving average price of GBX 106.93. Hostelworld Group has a fifty-two week low of GBX 85.20 and a fifty-two week high of GBX 141.50. The stock has a market capitalization of £109.73 million, a price-to-earnings ratio of 17.80 and a beta of 0.90. The company has a debt-to-equity ratio of 15.41, a current ratio of 0.86 and a quick ratio of 1.20.

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.