Shore Capital Reiterates “Buy” Rating for Hostelworld Group (LON:HSW)

Hostelworld Group (LON:HSW)‘s stock had its “buy” rating reaffirmed by stock analysts at Shore Capital in a report issued on Thursday, MarketBeat.com reports. They currently have a GBX 230 target price on the stock. Shore Capital’s price target would indicate a potential upside of 86.23% from the company’s current price.

HSW has been the topic of a number of other reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 215 target price on shares of Hostelworld Group in a research report on Thursday, July 31st. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 200 target price on shares of Hostelworld Group in a research report on Monday, August 4th. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of GBX 218.40.

Hostelworld Group Stock Up 1.2%

Hostelworld Group stock opened at GBX 123.50 on Thursday. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.43 and a quick ratio of 1.20. Hostelworld Group has a 1-year low of GBX 105 and a 1-year high of GBX 148. The company has a market cap of £155.03 million, a PE ratio of 2,093.22 and a beta of 1.90. The stock’s 50 day moving average price is GBX 116.99 and its 200 day moving average price is GBX 119.75.

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.