Hostelworld Group plc (LON:HSW) Receives Average Recommendation of "Buy" from Analysts

Key Points

• Six analysts give Hostelworld an average recommendation of Buy with a 12-month consensus target price of GBX 196.83.
• Recent broker activity includes Canaccord raising its target to GBX 205, while Berenberg and Shore Capital reiterated their buy ratings.
• Hostelworld is trading around GBX 100.36 with a market cap of £123.73m and a P/E of 18.45, suggesting significant upside versus broker targets and sitting close to its 12‑month low of GBX 93.73.

Hostelworld Group plc (LON:HSW - Get Free Report) has received an average recommendation of "Buy" from the six brokerages that are presently covering the stock, Marketbeat.com reports. Six analysts have rated the stock with a buy rating. The average 12 month target price among brokers that have issued a report on the stock in the last year is GBX 196.83.

HSW has been the subject of several recent research reports. Berenberg Bank restated a "buy" rating and issued a GBX 171 price objective on shares of Hostelworld Group in a report on Monday. Shore Capital Group restated a "buy" rating on shares of Hostelworld Group in a report on Thursday, March 26th. Finally, Canaccord Genuity Group lifted their price objective on Hostelworld Group from GBX 200 to GBX 205 and gave the company a "buy" rating in a report on Friday, March 27th.

Hostelworld Group Stock Up 0.4%

LON:HSW opened at GBX 100.36 on Monday. The company has a current ratio of 0.91, a quick ratio of 1.20 and a debt-to-equity ratio of 20.11. The stock has a fifty day simple moving average of GBX 105.82 and a 200-day simple moving average of GBX 117.28. The company has a market cap of £123.73 million, a price-to-earnings ratio of 18.45 and a beta of 0.77. Hostelworld Group has a twelve month low of GBX 93.73 and a twelve month high of GBX 148.

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.

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