Hostelworld Group (HSW) Price Target Raised to GBX 400

Hostelworld Group (LON:HSW) had its price target lifted by equities research analysts at Peel Hunt from GBX 375 ($5.09) to GBX 400 ($5.42) in a research report issued to clients and investors on Wednesday. The firm currently has a “hold” rating on the stock. Peel Hunt’s target price indicates a potential upside of 11.11% from the company’s previous close.

Separately, Numis Securities restated a “buy” rating and issued a GBX 422 ($5.72) target price on shares of Hostelworld Group in a research report on Tuesday, October 24th.

Hostelworld Group (LON HSW) traded down GBX 11 ($0.15) during midday trading on Wednesday, hitting GBX 360 ($4.88). The stock had a trading volume of 127,523 shares, compared to its average volume of 30,194. The stock has a market capitalization of $346.08 and a P/E ratio of 4,000.00. Hostelworld Group has a 1-year low of GBX 193.70 ($2.63) and a 1-year high of GBX 400 ($5.42).

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About Hostelworld Group

Hostelworld Group plc is an Ireland-based company, which provides hostel-focused online booking platform. The Company operates through over 20 different languages by connecting young travelers with hostels around the world through its brand Hostelworld and supporting brands Hostelbookers and Hostels.com.

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