Hostelworld Group (LON:HSW) Given Buy Rating at Liberum Capital

Key Points

• Hostelworld Group received a "buy" rating from Liberum Capital, with a target price of GBX 200, indicating a potential upside of approximately 61.94% from its previous closing price.
• Analysts from Canaccord Genuity Group, Shore Capital, and Deutsche Bank also reaffirmed their "buy" ratings, setting price objectives between GBX 200 and GBX 230.
• Currently, Hostelworld Group holds a consensus rating of "Buy" with an average target price of GBX 218.40 from five analysts.

Hostelworld Group (LON:HSW - Get Free Report)'s stock had its "buy" rating reaffirmed by investment analysts at Liberum Capital in a report issued on Friday,London Stock Exchange reports. They currently have a GBX 200 target price on the stock. Liberum Capital's target price would suggest a potential upside of 61.94% from the company's previous close.

A number of other analysts have also commented on the company. Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 200 price objective on shares of Hostelworld Group in a research note on Monday, August 4th. Shore Capital reaffirmed a "buy" rating and set a GBX 230 price objective on shares of Hostelworld Group in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 215 price objective on shares of Hostelworld Group in a research note on Thursday, July 31st. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Hostelworld Group presently has a consensus rating of "Buy" and a consensus target price of GBX 218.40.

Hostelworld Group Price Performance

Hostelworld Group stock traded up GBX 1.50 during trading hours on Friday, hitting GBX 123.50. The stock had a trading volume of 142,793 shares, compared to its average volume of 179,534. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.43 and a quick ratio of 1.20. The stock has a market capitalization of £155.03 million, a price-to-earnings ratio of 2,093.22 and a beta of 1.90. Hostelworld Group has a 1-year low of GBX 105 and a 1-year high of GBX 148. The stock's fifty day moving average is GBX 116.87 and its two-hundred day moving average is GBX 119.81.

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.

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