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

Hostelworld Group plc (LON:HSW) has earned a consensus rating of “Buy” from the six analysts that are currently covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a buy rating. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is GBX 193.50.

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

Hostelworld Group Price Performance

Shares of LON:HSW opened at GBX 110 on Thursday. The company has a quick ratio of 1.20, a current ratio of 0.86 and a debt-to-equity ratio of 15.41. The stock has a market capitalization of £135.62 million, a PE ratio of 22.00 and a beta of 0.90. The firm’s 50 day moving average price is GBX 108.75 and its 200-day moving average price is GBX 107.49. Hostelworld Group has a twelve month low of GBX 93.73 and a twelve month high of GBX 141.50.

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.