Hostelworld Group (LON:HSW) Price Target Raised to GBX 205

Hostelworld Group (LON:HSW) had its target price upped by Canaccord Genuity Group from GBX 200 to GBX 205 in a research note issued to investors on Friday morning, Marketbeat.com reports. The brokerage currently has a buy rating on the stock.

Separately, Shore Capital Group reissued a “buy” rating on shares of Hostelworld Group in a research note on Thursday. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Hostelworld Group currently has an average rating of “Buy” and a consensus price target of GBX 202.

Hostelworld Group Price Performance

HSW opened at GBX 98 on Friday. The firm has a market cap of £121.10 million, a PE ratio of 16.61 and a beta of 0.76. The stock has a 50-day moving average price of GBX 109.44 and a 200-day moving average price of GBX 118.43. Hostelworld Group has a 1 year low of GBX 96.98 and a 1 year high of GBX 148. 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.