Hostelworld Group (LON:HSW) Receives Buy Rating from Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Hostelworld Group (LON:HSW) in a report published on Friday morning, Marketbeat.com reports. They currently have a GBX 171 target price on the stock.

A number of other equities analysts have also weighed in on HSW. Shore Capital Group reissued a “buy” rating on shares of Hostelworld Group in a research note on Thursday, March 26th. Canaccord Genuity Group boosted their price objective on Hostelworld Group from GBX 200 to GBX 205 and gave the stock a “buy” rating in a research note on Friday, March 27th. Six analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of GBX 196.83.

Hostelworld Group Stock Performance

LON HSW opened at GBX 109.50 on Friday. The stock’s fifty day moving average is GBX 104.49 and its two-hundred day moving average is GBX 115.07. The firm has a market capitalization of £135.00 million, a P/E ratio of 20.13 and a beta of 0.77. The company has a debt-to-equity ratio of 20.11, a quick ratio of 1.20 and a current ratio of 0.91. Hostelworld Group has a fifty-two week low of GBX 93.73 and a fifty-two week high of GBX 148.

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.