Hostelworld Group plc (LON:HSW) Given Average Recommendation of “Buy” by Analysts

Shares of Hostelworld Group plc (LON:HSW) have earned an average recommendation of “Buy” from the six analysts that are covering the company, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a buy rating. The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 193.50.

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

Hostelworld Group Price Performance

HSW opened at GBX 110 on Thursday. The company has a debt-to-equity ratio of 15.41, a quick ratio of 1.20 and a current ratio of 0.86. The stock has a market capitalization of £135.62 million, a P/E ratio of 22.00 and a beta of 0.90. The company’s 50-day simple moving average is GBX 108.75 and its two-hundred day simple moving average is GBX 107.49. Hostelworld Group has a 52-week low of GBX 93.73 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.