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 research report issued on Wednesday, Digital Look reports. They presently have a GBX 220 target price on the stock. Shore Capital Group’s target price would suggest a potential upside of 147.19% from the company’s previous close.

A number of other brokerages also recently commented on HSW. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 215 price objective on shares of Hostelworld Group in a research note on Thursday, July 30th. Canaccord Genuity Group dropped their target price on Hostelworld Group from GBX 205 to GBX 185 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Finally, Berenberg Bank cut their price target on Hostelworld Group from GBX 171 to GBX 150 and set a “buy” rating on the stock in a report on Wednesday. Five analysts have rated the stock with a Buy rating. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of GBX 186.

Hostelworld Group Stock Down 1.5%

Shares of HSW traded down GBX 1.40 during mid-day trading on Wednesday, hitting GBX 89. The company’s stock had a trading volume of 29,052 shares, compared to its average volume of 217,522. The company’s 50-day moving average is GBX 106.84 and its 200-day moving average is GBX 106.93. Hostelworld Group has a 52-week low of GBX 85.20 and a 52-week high of GBX 141.50. The firm has a market capitalization of £109.73 million, a price-to-earnings ratio of 17.80 and a beta of 0.90. The company has a current ratio of 0.86, a quick ratio of 1.20 and a debt-to-equity ratio of 15.41.

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.