Liberum Capital Reiterates Buy Rating for Hostelworld Group (LON:HSW)

Hostelworld Group (LON:HSW)‘s stock had its “buy” rating reissued by stock analysts at Liberum Capital in a research note issued to investors on Friday,London Stock Exchange reports. They presently have a GBX 200 price objective on the stock. Liberum Capital’s price target suggests a potential upside of 61.94% from the company’s previous close.

Several other analysts have also recently commented on the stock. Canaccord Genuity Group restated a “buy” rating and issued a GBX 200 target price on shares of Hostelworld Group in a research note on Monday, August 4th. Shore Capital reiterated a “buy” rating and issued a GBX 230 price objective on shares of Hostelworld Group in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 215 price objective on shares of Hostelworld Group in a research note on Thursday, July 31st. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 218.40.

Hostelworld Group Stock Up 1.2%

LON:HSW opened at GBX 123.50 on Friday. Hostelworld Group has a 52-week low of GBX 105 and a 52-week high of GBX 148. The company has a market cap of £155.03 million, a price-to-earnings ratio of 2,093.22 and a beta of 1.90. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.20 and a current ratio of 0.43. The stock’s fifty day moving average price is GBX 116.99 and its two-hundred day moving average price is GBX 119.70.

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.