Hostelworld Group (LON:HSW) Receives Buy Rating from Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of Hostelworld Group (LON:HSW) in a research note released on Friday morning,Digital Look reports. Canaccord Genuity Group currently has a GBX 205 target price on the stock.

HSW has been the subject of a number of other reports. Berenberg Bank restated a “buy” rating and issued a GBX 171 price objective on shares of Hostelworld Group in a report on Thursday. Shore Capital Group reiterated a “buy” rating and issued a GBX 230 price target on shares of Hostelworld Group in a research report on Thursday. Six analysts have rated the stock with a Buy rating, According to MarketBeat, Hostelworld Group currently has a consensus rating of “Buy” and an average price target of GBX 196.83.

Hostelworld Group Price Performance

Shares of LON:HSW opened at GBX 105 on Friday. The firm has a market cap of £129.45 million, a PE ratio of 19.30 and a beta of 0.75. The firm’s fifty day moving average is GBX 108.91 and its 200-day moving average is GBX 110.25. The company has a debt-to-equity ratio of 20.11, a quick ratio of 1.20 and a current ratio of 0.91. Hostelworld Group has a 52 week low of GBX 93.73 and a 52 week high of GBX 141.50.

About Hostelworld Group

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.