Hostelworld Group (LON:HSW) Price Target Raised to GBX 205 at Canaccord Genuity Group

Hostelworld Group (LON:HSW) had its price target hoisted by Canaccord Genuity Group from GBX 200 to GBX 205 in a report issued on Friday morning,London Stock Exchange reports. They currently have a buy rating on the stock.

Separately, Shore Capital Group reaffirmed a “buy” rating on shares of Hostelworld Group in a research report on Thursday. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of GBX 202.

Hostelworld Group Stock Down 3.0%

Shares of LON HSW opened at GBX 98 on Friday. The company has a 50 day simple moving average of GBX 109.44 and a 200 day simple moving average of GBX 118.41. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.84 and a quick ratio of 1.20. Hostelworld Group has a 1 year low of GBX 96.98 and a 1 year high of GBX 148. The firm has a market cap of £121.10 million, a PE ratio of 16.61 and a beta of 0.76.

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.