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

Deutsche Bank Aktiengesellschaft reaffirmed their buy rating on shares of Hostelworld Group (LON:HSW - Free Report) in a report issued on Friday, Marketbeat reports. Deutsche Bank Aktiengesellschaft currently has a GBX 215 ($2.89) price objective on the stock.

HSW has been the subject of several other reports. Canaccord Genuity Group restated a "buy" rating and set a GBX 247 ($3.32) price objective on shares of Hostelworld Group in a research report on Friday, March 21st. Shore Capital reiterated a "buy" rating on shares of Hostelworld Group in a report on Thursday.

Hostelworld Group Stock Performance

Shares of HSW traded down GBX 0.28 ($0.00) during midday trading on Friday, reaching GBX 129 ($1.73). 124,698 shares of the stock were exchanged, compared to its average volume of 200,566. The company has a quick ratio of 1.20, a current ratio of 0.43 and a debt-to-equity ratio of 0.81. The company has a market cap of £194.23 million, a P/E ratio of 13.20 and a beta of 1.90. Hostelworld Group has a twelve month low of GBX 105 ($1.41) and a twelve month high of GBX 154.49 ($2.07). The stock's 50 day simple moving average is GBX 123.88 and its 200 day simple moving average is GBX 124.64.

Insider Activity

In related news, insider Gary Morrison sold 382,197 shares of the firm's stock in a transaction dated Friday, May 9th. The shares were sold at an average price of GBX 111 ($1.49), for a total value of £424,238.67 ($569,600.79). Also, insider Caroline Sherry sold 207,864 shares of Hostelworld Group stock in a transaction on Friday, May 9th. The stock was sold at an average price of GBX 111 ($1.49), for a total transaction of £230,729.04 ($309,786.57). 15.28% of the stock is currently owned by corporate 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.