Hostelworld Group’s (HSW) “Buy” Rating Reiterated at Canaccord Genuity Group

Hostelworld Group (LON:HSW)‘s stock had its “buy” rating reiterated by investment analysts at Canaccord Genuity Group in a research report issued to clients and investors on Wednesday,Digital Look reports. They presently have a GBX 205 price target on the stock. Canaccord Genuity Group’s price objective indicates a potential upside of 89.81% from the stock’s current price.

Several other analysts have also issued reports on HSW. Berenberg Bank reiterated a “buy” rating and set a GBX 171 target price on shares of Hostelworld Group in a report on Friday, May 15th. Shore Capital Group reiterated a “buy” rating on shares of Hostelworld Group in a report on Thursday, March 26th. Six research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of GBX 196.83.

Hostelworld Group Stock Performance

Shares of Hostelworld Group stock opened at GBX 108 on Wednesday. The firm has a market cap of £133.15 million, a price-to-earnings ratio of 19.85 and a beta of 0.72. The stock’s 50-day moving average is GBX 105.26 and its 200-day moving average is GBX 114.04. Hostelworld Group has a one year low of GBX 93.73 and a one year high of GBX 148. The company has a debt-to-equity ratio of 20.11, a current ratio of 0.91 and a quick ratio of 1.20.

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.