Shore Capital Reaffirms Buy Rating for Hostelworld Group (LON:HSW)

Shore Capital reissued their buy rating on shares of Hostelworld Group (LON:HSW) in a research report released on Wednesday morning, ThisIsMoney.Co.Uk reports.

HSW has been the subject of several other research reports. Numis Securities restated a buy rating on shares of Hostelworld Group in a research report on Monday, June 3rd. Peel Hunt restated a buy rating and issued a GBX 165 ($2.16) price objective (down previously from GBX 260 ($3.40)) on shares of Hostelworld Group in a research report on Monday, August 19th. Finally, Berenberg Bank restated a hold rating on shares of Hostelworld Group in a research report on Thursday, April 25th.

Shares of HSW opened at GBX 146.20 ($1.91) on Wednesday. The company has a market capitalization of $139.73 million and a P/E ratio of 13.54. Hostelworld Group has a one year low of GBX 153.40 ($2.00) and a one year high of GBX 285 ($3.72). The business’s 50 day simple moving average is GBX 169.28 and its 200-day simple moving average is GBX 196.99.



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

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