Hostelworld Group plc (LON:HSW) Receives Consensus Recommendation of “Buy” from Brokerages

Hostelworld Group plc (LON:HSW) has been given an average recommendation of “Buy” by the six brokerages that are covering the company, MarketBeat.com reports. Six analysts have rated the stock with a buy rating. The average 12-month target price among analysts that have issued ratings on the stock in the last year is GBX 196.83.

HSW has been the topic of several analyst reports. Shore Capital Group reissued a “buy” rating on shares of Hostelworld Group in a research report on Thursday, March 26th. Canaccord Genuity Group raised their price target on Hostelworld Group from GBX 200 to GBX 205 and gave the stock a “buy” rating in a research report on Friday, March 27th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 171 price objective on shares of Hostelworld Group in a research note on Monday, April 13th.

Hostelworld Group Trading Up 2.8%

Shares of HSW stock opened at GBX 110 on Friday. The company has a market cap of £135.62 million, a PE ratio of 20.22 and a beta of 0.77. Hostelworld Group has a 1 year low of GBX 93.73 and a 1 year high of GBX 148. The stock’s 50 day simple moving average is GBX 104.77 and its two-hundred day simple moving average is GBX 115.81. The company has a debt-to-equity ratio of 20.11, a current ratio of 0.91 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. In addition, it engages in the technology trading business. The company was founded in 1999 and is based in Dublin, Ireland.