Hostelworld Group plc (LON:HSW) Given Average 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 presently covering the stock, MarketBeat reports. Six investment analysts have rated the stock with a buy recommendation. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is GBX 193.50.

Several equities research analysts have commented on HSW shares. Shore Capital Group reaffirmed a “buy” rating and issued a GBX 230 target price on shares of Hostelworld Group in a research note on Thursday, July 9th. Canaccord Genuity Group reduced their price target on shares of Hostelworld Group from GBX 205 to GBX 185 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 215 price target on shares of Hostelworld Group in a research report on Thursday, July 30th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 171 price target on shares of Hostelworld Group in a report on Wednesday, July 29th.

Hostelworld Group Stock Performance

Shares of LON:HSW opened at GBX 115 on Friday. The firm’s 50 day simple moving average is GBX 108.62 and its 200 day simple moving average is GBX 107.84. Hostelworld Group has a fifty-two week low of GBX 93.73 and a fifty-two week high of GBX 141.50. The company has a market capitalization of £141.78 million, a price-to-earnings ratio of 23.00 and a beta of 0.90. The company has a debt-to-equity ratio of 15.41, a current ratio of 0.86 and a quick ratio of 1.20.

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.