Hostelworld Group (LON:HSW) Given Buy Rating at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Hostelworld Group (LON:HSW) in a research report sent to investors on Monday morning, MarketBeat.com reports. They currently have a GBX 171 price objective on the stock.

HSW has been the subject of several other reports. Shore Capital Group reissued a “buy” rating on shares of Hostelworld Group in a report on Thursday, March 26th. Canaccord Genuity Group boosted their target price on Hostelworld Group from GBX 200 to GBX 205 and gave the company a “buy” rating in a report on Friday, March 27th. Six 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 an average target price of GBX 196.83.

Hostelworld Group Stock Up 1.5%

Hostelworld Group stock opened at GBX 101.50 on Monday. Hostelworld Group has a fifty-two week low of GBX 93.73 and a fifty-two week high of GBX 148. The company has a debt-to-equity ratio of 20.11, a quick ratio of 1.20 and a current ratio of 0.91. The company has a market capitalization of £125.14 million, a P/E ratio of 18.66 and a beta of 0.77. The stock has a 50-day simple moving average of GBX 105.55 and a 200-day simple moving average of GBX 117.18.

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.