Hostelworld Group (LON:HSW) Earns Buy Rating from Deutsche Bank Aktiengesellschaft

Hostelworld Group (LON:HSW)‘s stock had its “buy” rating reaffirmed by research analysts at Deutsche Bank Aktiengesellschaft in a report issued on Thursday, MarketBeat.com reports. They currently have a GBX 215 ($2.85) target price on the stock. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential upside of 82.71% from the stock’s current price.

Separately, Shore Capital reiterated a “buy” rating on shares of Hostelworld Group in a research report on Wednesday.

Hostelworld Group Stock Up 0.1%

Shares of HSW opened at GBX 117.68 ($1.56) on Thursday. The business’s 50 day moving average is GBX 126.57 and its 200 day moving average is GBX 123.95. The company has a current ratio of 0.43, a quick ratio of 1.20 and a debt-to-equity ratio of 0.81. Hostelworld Group has a 12-month low of GBX 105 ($1.39) and a 12-month high of GBX 150 ($1.99). The company has a market capitalization of £177.18 million, a PE ratio of 12.04 and a beta of 1.90.

Insider Transactions at Hostelworld Group

In other Hostelworld Group news, insider Gary Morrison sold 382,197 shares of the firm’s stock in a transaction that occurred on Friday, May 9th. The stock was sold at an average price of GBX 111 ($1.47), for a total transaction of £424,238.67 ($563,098.85). Also, insider Caroline Sherry sold 207,864 shares of Hostelworld Group stock in a transaction that occurred on Friday, May 9th. The stock was sold at an average price of GBX 111 ($1.47), for a total value of £230,729.04 ($306,250.38). Company insiders own 15.28% of the company’s stock.

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.