Shore Capital Reaffirms Buy Rating for Hostelworld Group (LON:HSW)

Hostelworld Group (LON:HSW)‘s stock had its “buy” rating restated by analysts at Shore Capital in a research report issued to clients and investors on Thursday,London Stock Exchange reports.

Other analysts have also recently issued reports about the stock. Peel Hunt reiterated a “buy” rating and issued a GBX 160 target price on shares of Hostelworld Group in a research note on Wednesday, October 15th. Liberum Capital reissued a “buy” rating and set a GBX 200 target price on shares of Hostelworld Group in a research report on Friday, October 10th. Five research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of GBX 201.

Hostelworld Group Stock Up 0.4%

Shares of HSW traded up GBX 0.52 during midday trading on Thursday, reaching GBX 117.52. 461,503 shares of the stock were exchanged, compared to its average volume of 136,483. The company has a market cap of £145.98 million, a price-to-earnings ratio of 19.92 and a beta of 1.90. The company has a quick ratio of 1.20, a current ratio of 0.43 and a debt-to-equity ratio of 0.81. Hostelworld Group has a 12-month low of GBX 105 and a 12-month high of GBX 148. The firm has a 50 day simple moving average of GBX 124.97 and a 200-day simple moving average of GBX 123.25.

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.