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

Shore Capital restated their buy rating on shares of Hostelworld Group (LON:HSW) in a report issued on Tuesday morning, MarketBeat reports.

A number of other equities research analysts have also commented on HSW. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 247 ($3.23) price target on shares of Hostelworld Group in a research report on Thursday, July 18th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 215 ($2.81) price target on shares of Hostelworld Group in a report on Monday, August 12th.

Hostelworld Group Price Performance

Shares of LON:HSW opened at GBX 135 ($1.76) on Tuesday. Hostelworld Group has a twelve month low of GBX 101 ($1.32) and a twelve month high of GBX 173.50 ($2.27). The stock’s 50 day moving average is GBX 140.53 and its 200-day moving average is GBX 149.91. The company has a quick ratio of 1.20, a current ratio of 0.43 and a debt-to-equity ratio of 0.81. The firm has a market capitalization of £168.74 million, a price-to-earnings ratio of 1,350.00 and a beta of 1.90.

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.