Hostelworld Group (LON:HSW) Stock Rating Reaffirmed as Buy by Shore Capital Group

Hostelworld Group (LON:HSW)‘s stock had its “buy” rating restated by Shore Capital Group in a research report issued on Wednesday, Digital Look reports. They currently have a GBX 220 target price on the stock. Shore Capital Group’s target price would suggest a potential upside of 147.19% from the company’s previous close.

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

Hostelworld Group Stock Performance

Shares of HSW traded down GBX 1.40 on Wednesday, reaching GBX 89. 29,052 shares of the company’s stock traded hands, compared to its average volume of 217,522. The company has a current ratio of 0.86, a quick ratio of 1.20 and a debt-to-equity ratio of 15.41. The stock has a market cap of £109.73 million, a PE ratio of 17.80 and a beta of 0.90. The stock’s 50 day simple moving average is GBX 106.84 and its two-hundred day simple moving average is GBX 106.93. Hostelworld Group has a 52-week low of GBX 85.20 and a 52-week high of GBX 141.50.

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.