Hostelworld Group (LON:HSW) Given “Buy” Rating at Berenberg Bank

Hostelworld Group (LON:HSW)‘s stock had its “buy” rating reiterated by equities researchers at Berenberg Bank in a report issued on Wednesday,Digital Look reports. They currently have a GBX 171 price target on the stock. Berenberg Bank’s price objective points to a potential upside of 61.99% from the company’s previous close.

A number of other research firms have also issued reports on HSW. Shore Capital Group reissued a “buy” rating and set a GBX 230 price target on shares of Hostelworld Group in a report on Thursday, July 9th. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 205 target price on shares of Hostelworld Group in a research note on Friday, July 10th. Six investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of GBX 196.83.

Hostelworld Group Trading Down 1.3%

LON HSW opened at GBX 105.56 on Wednesday. The firm’s fifty day moving average is GBX 108.75 and its two-hundred day moving average is GBX 108.79. Hostelworld Group has a one year low of GBX 93.73 and a one year high of GBX 141.50. The company has a debt-to-equity ratio of 20.11, a quick ratio of 1.20 and a current ratio of 0.91. The firm has a market cap of £130.14 million, a PE ratio of 19.40 and a beta of 0.75.

About Hostelworld Group

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.