Shore Capital Reiterates “Buy” Rating for Hostelworld Group (LON:HSW)

Shore Capital reiterated their buy rating on shares of Hostelworld Group (LON:HSW) in a research note released on Wednesday, Marketbeat.com reports.

Other equities analysts have also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 215 ($2.79) target price on shares of Hostelworld Group in a research report on Monday, August 12th. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 247 ($3.21) price target on shares of Hostelworld Group in a report on Tuesday, October 15th.

Hostelworld Group Stock Performance

LON HSW opened at GBX 133 ($1.73) on Wednesday. Hostelworld Group has a 1 year low of GBX 101 ($1.31) and a 1 year high of GBX 173.50 ($2.25). The firm has a market cap of £166.24 million, a price-to-earnings ratio of 1,330.00 and a beta of 1.90. The company has a fifty day moving average price of GBX 139.70 and a 200-day moving average price of GBX 148.93. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.43 and a quick ratio of 1.20.

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.