Hostelworld Group (LON:HSW) Earns “Buy” Rating from Canaccord Genuity Group

Hostelworld Group (LON:HSW)‘s stock had its “buy” rating restated by Canaccord Genuity Group in a research report issued on Friday, MarketBeat.com reports. They currently have a GBX 247 ($3.19) price target on the stock. Canaccord Genuity Group’s price target points to a potential upside of 90.00% from the company’s previous close.

Separately, Shore Capital restated a “buy” rating on shares of Hostelworld Group in a report on Thursday.

Hostelworld Group Stock Down 1.1 %

HSW opened at GBX 130 ($1.68) on Friday. The company has a market cap of £195.73 million, a PE ratio of 13.31 and a beta of 1.90. Hostelworld Group has a 1 year low of GBX 120 ($1.55) and a 1 year high of GBX 170 ($2.19). The firm has a 50 day moving average price of GBX 129.03 and a 200 day moving average price of GBX 133.24. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.20 and a current ratio of 0.43.

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.