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

Hostelworld Group (LON:HSW)‘s stock had its “buy” rating restated by research analysts at Canaccord Genuity Group in a research report issued on Friday,Digital Look reports. They presently have a GBX 205 price target on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 92.22% from the stock’s current price.

Several other research analysts have also recently issued reports on HSW. Berenberg Bank reissued a “buy” rating and set a GBX 171 target price on shares of Hostelworld Group in a report on Thursday. Shore Capital Group reaffirmed a “buy” rating and set a GBX 230 price target on shares of Hostelworld Group in a research report on Thursday. Six investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of GBX 196.83.

Hostelworld Group Stock Performance

Shares of LON HSW opened at GBX 106.65 on Friday. The company has a 50 day simple moving average of GBX 108.95 and a two-hundred day simple moving average of GBX 110.29. The stock has a market cap of £131.49 million, a price-to-earnings ratio of 19.60 and a beta of 0.75. The company has a current ratio of 0.91, a quick ratio of 1.20 and a debt-to-equity ratio of 20.11. Hostelworld Group has a 12 month low of GBX 93.73 and a 12 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.