Hostelworld Group (LON:HSW) Earns Buy Rating from Peel Hunt

Hostelworld Group (LON:HSW)‘s stock had its “buy” rating reiterated by research analysts at Peel Hunt in a report released on Wednesday, Marketbeat Ratings reports. They currently have a GBX 160 target price on the stock. Peel Hunt’s price target indicates a potential upside of 28.00% from the company’s current price.

A number of other equities analysts have also commented on the company. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 200 price objective on shares of Hostelworld Group in a research note on Monday, August 4th. Shore Capital reaffirmed a “buy” rating and issued a GBX 230 price objective on shares of Hostelworld Group in a research note on Thursday, October 9th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 215 target price on shares of Hostelworld Group in a report on Thursday, July 31st. Finally, Liberum Capital reiterated a “buy” rating and issued a GBX 200 target price on shares of Hostelworld Group in a report on Friday, October 10th. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 201.

Hostelworld Group Price Performance

Hostelworld Group stock opened at GBX 125 on Wednesday. The stock’s 50 day moving average is GBX 117.66 and its 200 day moving average is GBX 119.73. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.43 and a quick ratio of 1.20. The firm has a market cap of £156.92 million, a P/E ratio of 2,118.64 and a beta of 1.90. Hostelworld Group has a one year low of GBX 105 and a one year high of GBX 148.

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.