Hostelworld Group (LON:HSW) Receives Buy Rating from Berenberg Bank

Hostelworld Group (LON:HSW)‘s stock had its “buy” rating restated by Berenberg Bank in a report issued on Friday,London Stock Exchange reports. They currently have a GBX 171 price target on the stock. Berenberg Bank’s price target suggests a potential upside of 58.33% from the stock’s current price.

Other equities research analysts have also recently issued reports about the stock. Shore Capital Group reissued a “buy” rating on shares of Hostelworld Group in a research report on Thursday, March 26th. Canaccord Genuity Group boosted their price target on shares of Hostelworld Group from GBX 200 to GBX 205 and gave the stock a “buy” rating in a research report on Friday, March 27th. Six research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of GBX 196.83.

Hostelworld Group Price Performance

Shares of LON HSW opened at GBX 108 on Friday. The firm has a market cap of £133.15 million, a PE ratio of 19.85 and a beta of 0.77. The company has a current ratio of 0.91, a quick ratio of 1.20 and a debt-to-equity ratio of 20.11. Hostelworld Group has a 1-year low of GBX 93.73 and a 1-year high of GBX 148. The company has a fifty day moving average price of GBX 104.44 and a 200 day moving average price of GBX 115.11.

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.