Hostelworld Group’s (HSW) Buy Rating Reiterated at Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Hostelworld Group (LON:HSW) in a research report sent to investors on Monday, ThisIsMoney.Co.Uk reports. The firm currently has a GBX 165 ($2.16) price objective on the stock, down from their previous price objective of GBX 260 ($3.40).

Several other research firms have also issued reports on HSW. Shore Capital reiterated a buy rating on shares of Hostelworld Group in a report on Tuesday, August 13th. Berenberg Bank reiterated a hold rating on shares of Hostelworld Group in a report on Thursday, April 25th. Finally, Numis Securities reiterated a buy rating on shares of Hostelworld Group in a report on Monday, June 3rd.

HSW opened at GBX 146.40 ($1.91) on Monday. Hostelworld Group has a 52-week low of GBX 153.40 ($2.00) and a 52-week high of GBX 285 ($3.72). The firm has a market capitalization of $139.92 million and a PE ratio of 13.56. The business’s 50-day simple moving average is GBX 170.56 and its 200 day simple moving average is GBX 197.58.



The business also recently announced a dividend, which will be paid on Friday, September 20th. Investors of record on Thursday, August 29th will be issued a dividend of €0.04 ($0.05) per share. The ex-dividend date of this dividend is Thursday, August 29th. This represents a yield of 2.62%. Hostelworld Group’s payout ratio is presently 1.11%.

Hostelworld Group Company Profile

Hostelworld Group Plc operates an online hostel-booking platform worldwide. The company provides software and data processing services that facilitate hostel, B&B, hotel, and other accommodation bookings. It operates through its Hostelworld flagship brand, as well as under the Hostelbookers and Hostels.com brands.

Read More: What is a death cross?

Receive News & Ratings for Hostelworld Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hostelworld Group and related companies with MarketBeat.com's FREE daily email newsletter.