Hostelworld Group's (HSW) Buy Rating Reiterated at Deutsche Bank Aktiengesellschaft

Key Points

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Deutsche Bank Aktiengesellschaft restated their buy rating on shares of Hostelworld Group (LON:HSW - Free Report) in a report issued on Thursday morning, Marketbeat reports. Deutsche Bank Aktiengesellschaft currently has a GBX 215 ($2.85) target price on the stock.

Separately, Shore Capital reissued a "buy" rating on shares of Hostelworld Group in a research note on Wednesday.

Hostelworld Group Price Performance

Shares of HSW stock traded up GBX 0.18 ($0.00) during trading hours on Thursday, hitting GBX 117.68 ($1.56). 157,042 shares of the company's stock were exchanged, compared to its average volume of 191,909. The company has a market capitalization of £177.18 million, a PE ratio of 12.04 and a beta of 1.90. Hostelworld Group has a 12-month low of GBX 105 ($1.39) and a 12-month high of GBX 150 ($1.99). The business's 50 day simple moving average is GBX 126.57 and its 200-day simple moving average is GBX 123.95. The company has a current ratio of 0.43, a quick ratio of 1.20 and a debt-to-equity ratio of 0.81.

Insider Buying and Selling at Hostelworld Group

In related news, insider Caroline Sherry sold 207,864 shares of Hostelworld Group stock in a transaction on Friday, May 9th. The shares were sold at an average price of GBX 111 ($1.47), for a total value of £230,729.04 ($306,250.38). Also, insider Gary Morrison sold 382,197 shares of Hostelworld Group stock in a transaction on Friday, May 9th. The stock was sold at an average price of GBX 111 ($1.47), for a total transaction of £424,238.67 ($563,098.85). 15.28% of the stock is owned by insiders.

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.