Hostelworld Group (LON:HSW) Stock Keeps Buy Rating at Shore Capital Group

Hostelworld Group (LON:HSW)‘s stock had its “buy” rating restated by equities researchers at Shore Capital Group in a note issued to investors on Wednesday, Digital Look reports. They currently have a GBX 220 price target on the stock. Shore Capital Group’s target price indicates a potential upside of 147.19% from the stock’s current price.

A number of other equities research analysts have also weighed in on the stock. Canaccord Genuity Group lowered their price target on shares of Hostelworld Group from GBX 205 to GBX 185 and set a “buy” rating for the company in a 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 note on Wednesday. Finally, 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. Five research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of GBX 186.

Hostelworld Group Trading Down 1.5%

LON:HSW opened at GBX 89 on Wednesday. The company has a quick ratio of 1.20, a current ratio of 0.86 and a debt-to-equity ratio of 15.41. The stock has a fifty day simple moving average of GBX 106.84 and a 200-day simple moving average of GBX 106.93. The company has a market capitalization of £109.73 million, a PE ratio of 17.80 and a beta of 0.90. 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.