Hostelworld Group (LON:HSW) was upgraded by equities researchers at Peel Hunt to a “buy” rating in a note issued to investors on Monday. The firm currently has a GBX 475 ($6.56) price target on the stock, up from their previous price target of GBX 400 ($5.53). Peel Hunt’s price target points to a potential upside of 13.91% from the stock’s previous close.
Separately, Numis Securities reiterated a “buy” rating and issued a GBX 422 ($5.83) price objective on shares of Hostelworld Group in a report on Tuesday, February 6th.
Hostelworld Group (HSW) traded up GBX 7 ($0.10) during mid-day trading on Monday, reaching GBX 417 ($5.76). The company had a trading volume of 84,313 shares, compared to its average volume of 60,663. Hostelworld Group has a 12 month low of GBX 212 ($2.93) and a 12 month high of GBX 425 ($5.87). The firm has a market cap of $398.53 and a PE ratio of 4,633.33.
Hostelworld Group Company Profile
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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