Hostelworld Group’s (HSW) “Buy” Rating Reiterated at Canaccord Genuity Group

Hostelworld Group (LON:HSW)‘s stock had its “buy” rating reiterated by stock analysts at Canaccord Genuity Group in a report released on Wednesday,Digital Look reports. They presently have a GBX 205 price objective on the stock. Canaccord Genuity Group’s target price would indicate a potential upside of 89.81% from the company’s previous close.

A number of other research analysts have also recently issued reports on HSW. Berenberg Bank reissued a “buy” rating and issued a GBX 171 target price on shares of Hostelworld Group in a research note on Friday, May 15th. Shore Capital Group restated a “buy” rating on shares of Hostelworld Group in a report on Thursday, March 26th. Six research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Hostelworld Group currently has an average rating of “Buy” and an average target price of GBX 196.83.

Hostelworld Group Stock Up 0.9%

LON:HSW opened at GBX 108 on Wednesday. Hostelworld Group has a 1 year low of GBX 93.73 and a 1 year high of GBX 148. The company has a current ratio of 0.91, a quick ratio of 1.20 and a debt-to-equity ratio of 20.11. The stock has a market cap of £133.15 million, a price-to-earnings ratio of 19.85 and a beta of 0.72. The stock has a 50-day moving average price of GBX 105.26 and a two-hundred day moving average price of GBX 114.04.

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.