Hostelworld Group plc (LON:HSW) Given Consensus Recommendation of “Buy” by Brokerages

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

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

Hostelworld Group Stock Performance

HSW opened at GBX 111 on Friday. Hostelworld Group has a 52 week low of GBX 93.73 and a 52 week high of GBX 141.50. The business has a fifty day simple moving average of GBX 108.77 and a 200-day simple moving average of GBX 107.60. The firm has a market cap of £136.85 million, a P/E ratio of 22.20 and a beta of 0.90. The company has a quick ratio of 1.20, a current ratio of 0.86 and a debt-to-equity ratio of 15.41.

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.