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

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

Several other brokerages have also weighed in on HSW. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 215 target price on shares of Hostelworld Group in a research report on Thursday, July 30th. Berenberg Bank reduced their price target on Hostelworld Group from GBX 171 to GBX 150 and set a “buy” rating for the company in a report on Wednesday. Finally, Canaccord Genuity Group lowered their price target on Hostelworld Group from GBX 205 to GBX 185 and set a “buy” rating for the company in a research note on Thursday, July 30th. Five equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of GBX 186.

Hostelworld Group Stock Down 1.5%

Shares of LON:HSW traded down GBX 1.40 during midday trading on Wednesday, hitting GBX 89. 29,052 shares of the stock were exchanged, compared to its average volume of 217,522. The company has a debt-to-equity ratio of 15.41, a quick ratio of 1.20 and a current ratio of 0.86. Hostelworld Group has a 52-week low of GBX 85.20 and a 52-week high of GBX 141.50. The business’s fifty day simple moving average is GBX 106.84 and its two-hundred day simple moving average is 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.

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.