Hostelworld Group plc (LON:HSW) Given Consensus Rating of “Buy” by Brokerages

Shares of Hostelworld Group plc (LON:HSW) have been given a consensus recommendation of “Buy” by the six brokerages that are covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a buy recommendation. The average 12-month price objective among analysts that have issued a report on the stock in the last year is GBX 196.83.

Several analysts have recently weighed in on the company. Berenberg Bank restated a “buy” rating and issued a GBX 171 price objective on shares of Hostelworld Group in a report on Thursday, July 9th. Shore Capital Group reaffirmed a “buy” rating and set a GBX 230 target price on shares of Hostelworld Group in a report on Thursday, July 9th. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 205 price target on shares of Hostelworld Group in a research report on Friday, July 10th.

Hostelworld Group Stock Performance

Shares of LON HSW opened at GBX 109 on Wednesday. The stock has a fifty day moving average price of GBX 108.95 and a two-hundred day moving average price of GBX 109.48. The company has a debt-to-equity ratio of 20.11, a quick ratio of 1.20 and a current ratio of 0.91. The firm has a market cap of £134.39 million, a P/E ratio of 20.04 and a beta of 0.75. Hostelworld Group has a 1 year low of GBX 93.73 and a 1 year high of GBX 141.50.

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. In addition, it engages in the technology trading business. The company was founded in 1999 and is based in Dublin, Ireland.