Hostelworld Group’s (HSW) “Buy” Rating Reaffirmed at Shore Capital

Hostelworld Group (LON:HSW)‘s stock had its “buy” rating restated by stock analysts at Shore Capital in a research report issued on Tuesday,Digital Look reports.

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 247 ($3.02) target price on shares of Hostelworld Group in a research note on Tuesday, October 15th.

Hostelworld Group Trading Up 1.5 %

HSW stock traded up GBX 2 ($0.02) during midday trading on Tuesday, reaching GBX 137 ($1.68). 261,866 shares of the company’s stock traded hands, compared to its average volume of 77,510. The business has a 50-day moving average price of GBX 134.38 and a two-hundred day moving average price of GBX 139.72. Hostelworld Group has a fifty-two week low of GBX 125 ($1.53) and a fifty-two week high of GBX 173.50 ($2.12). The company has a debt-to-equity ratio of 0.81, a current ratio of 0.43 and a quick ratio of 1.20. The company has a market capitalization of £171.24 million, a P/E ratio of 1,370.00 and a beta of 1.90.

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.