Peel Hunt Upgrades Hostelworld Group (HSW) to Buy

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.

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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

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