Hostelworld Group plc (LON:HSW) Receives GBX 193.50 Average PT from Analysts

Shares of Hostelworld Group plc (LON:HSW) have been given an average recommendation of “Buy” by the six analysts that are covering the company, MarketBeat reports. Six research analysts have rated the stock with a buy recommendation. The average 1-year price objective among brokerages that have covered the stock in the last year is GBX 193.50.

HSW has been the topic of several recent research reports. Shore Capital Group reiterated a “buy” rating and issued a GBX 230 price target on shares of Hostelworld Group in a research report on Thursday, July 9th. Berenberg Bank restated a “buy” rating and issued a GBX 171 price objective on shares of Hostelworld Group in a research note on Wednesday, July 29th. Canaccord Genuity Group decreased their target price on Hostelworld Group from GBX 205 to GBX 185 and set a “buy” rating on the stock in a report on Thursday, July 30th. Finally, 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 30th.

Hostelworld Group Price Performance

Shares of LON:HSW opened at GBX 106.50 on Thursday. The company has a quick ratio of 1.20, a current ratio of 0.86 and a debt-to-equity ratio of 15.41. The stock has a market capitalization of £131.30 million, a PE ratio of 21.30 and a beta of 0.90. The firm’s 50 day moving average price is GBX 108.82 and its 200-day moving average price is GBX 107.57. Hostelworld Group has a twelve month low of GBX 93.73 and a twelve month high of GBX 141.50.

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.