Berenberg Bank upgraded shares of Hostelworld Group PLC (LON:HSW) to a buy rating in a report issued on Tuesday morning, MarketBeat reports. Berenberg Bank currently has GBX 370 ($4.79) target price on the stock, up from their previous target price of GBX 270 ($3.49).

Other equities research analysts have also issued research reports about the company. Investec upgraded Hostelworld Group PLC to a buy rating in a research note on Friday, August 25th. Peel Hunt lowered Hostelworld Group PLC to a hold rating and set a GBX 375 ($4.85) price target on the stock. in a research note on Tuesday, August 22nd. Finally, Numis Securities Ltd restated a buy rating and set a GBX 415 ($5.37) price target on shares of Hostelworld Group PLC in a research note on Thursday, June 1st.

Shares of Hostelworld Group PLC (LON HSW) opened at 360.00 on Tuesday. The stock’s market cap is GBX 344.05 million. The stock’s 50 day moving average is GBX 302.43 and its 200-day moving average is GBX 294.71. Hostelworld Group PLC has a one year low of GBX 180.00 and a one year high of GBX 380.00.

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The firm also recently declared a dividend, which will be paid on Friday, September 22nd. Stockholders of record on Thursday, August 31st will be paid a dividend of €0.05 ($0.06) per share. The ex-dividend date of this dividend is Thursday, August 31st. This represents a dividend yield of 1.49%.

About Hostelworld Group PLC

Hostelworld Group plc is an Ireland-based company, which provides hostel-focused online booking platform. The Company operates through over 20 different languages by connecting young travelers with hostels around the world through its brand Hostelworld and supporting brands Hostelbookers and Hostels.com.

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