Hostelworld Group plc (LON:HSW) Given Consensus Recommendation of “Buy” by Analysts

Shares of Hostelworld Group plc (LON:HSW) have been given an average rating of “Buy” by the six research firms that are currently covering the stock, Marketbeat Ratings reports. Six analysts have rated the stock with a buy rating. The average 1-year price target among analysts that have covered the stock in the last year is GBX 196.83.

Several analysts have commented on HSW shares. Canaccord Genuity Group increased their target price on Hostelworld Group from GBX 200 to GBX 205 and gave the company a “buy” rating in a research note on Friday, March 27th. Shore Capital Group restated a “buy” rating on shares of Hostelworld Group in a research note on Thursday, March 26th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 171 price target on shares of Hostelworld Group in a report on Monday, April 13th.

Hostelworld Group Price Performance

Shares of HSW opened at GBX 106.50 on Friday. Hostelworld Group has a twelve month low of GBX 93.73 and a twelve month high of GBX 148. The company has a market capitalization of £131.30 million, a P/E ratio of 19.58 and a beta of 0.77. The firm has a 50 day moving average of GBX 104.52 and a 200 day moving average of GBX 115.38. The company has a quick ratio of 1.20, a current ratio of 0.91 and a debt-to-equity ratio of 20.11.

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.