Peel Hunt Reaffirms Buy Rating for Hostelworld Group (LON:HSW)

Key Points

• Peel Hunt has reaffirmed a "buy" rating for Hostelworld Group, setting a target price of GBX 160, suggesting a potential upside of 28% from the last close.
• Multiple analysts, including Shore Capital and Canaccord Genuity, have also issued "buy" ratings, with target prices ranging from GBX 200 to GBX 230.
• Hostelworld's shares have recently traded at GBX 125, with a 1-year high of GBX 148 and a market cap of approximately £156.92 million.

Hostelworld Group (LON:HSW - Get Free Report)'s stock had its "buy" rating restated by equities research analysts at Peel Hunt in a research report issued to clients and investors on Wednesday,Digital Look reports. They currently have a GBX 160 target price on the stock. Peel Hunt's price objective would indicate a potential upside of 28.00% from the company's previous close.

Several other equities analysts have also issued reports on the company. Shore Capital restated a "buy" rating and set a GBX 230 target price on shares of Hostelworld Group in a research report on Thursday, October 9th. Canaccord Genuity Group restated a "buy" rating and set a GBX 200 price objective on shares of Hostelworld Group in a report on Monday, August 4th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 215 target price on shares of Hostelworld Group in a report on Thursday, July 31st. Finally, Liberum Capital reissued a "buy" rating and issued a GBX 200 price target on shares of Hostelworld Group in a report on Friday, October 10th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of GBX 201.

Hostelworld Group Trading Up 0.8%

Shares of HSW stock traded up GBX 1 during trading hours on Wednesday, reaching GBX 125. The company had a trading volume of 152,503 shares, compared to its average volume of 178,573. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.43 and a quick ratio of 1.20. Hostelworld Group has a 1-year low of GBX 105 and a 1-year high of GBX 148. The company has a 50 day moving average of GBX 117.25 and a 200 day moving average of GBX 119.67. The firm has a market cap of £156.92 million, a price-to-earnings ratio of 2,118.63 and a beta of 1.90.

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.

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