Hostelworld Group (LON:HSW) Earns “Buy” Rating from Berenberg Bank

Hostelworld Group (LON:HSW)‘s stock had its “buy” rating reaffirmed by research analysts at Berenberg Bank in a report issued on Wednesday,Digital Look reports. They currently have a GBX 171 target price on the stock. Berenberg Bank’s target price indicates a potential upside of 61.99% from the stock’s previous close.

A number of other equities research analysts also recently issued reports on HSW. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 205 price target on shares of Hostelworld Group in a research report on Friday, July 10th. Shore Capital Group reaffirmed a “buy” rating and set a GBX 230 price objective on shares of Hostelworld Group in a report on Thursday, July 9th. Six analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of GBX 196.83.

Hostelworld Group Stock Down 1.3%

Shares of LON HSW opened at GBX 105.56 on Wednesday. The stock has a market capitalization of £130.14 million, a price-to-earnings ratio of 19.40 and a beta of 0.75. Hostelworld Group has a 52 week low of GBX 93.73 and a 52 week high of GBX 141.50. The firm has a 50-day moving average price of GBX 108.75 and a 200 day moving average price of GBX 108.79. The company has a quick ratio of 1.20, a current ratio of 0.91 and a debt-to-equity ratio of 20.11.

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. In addition, it engages in the technology trading business. The company was founded in 1999 and is based in Dublin, Ireland.