Shore Capital Reaffirms Buy Rating for Hostelworld Group (LON:HSW)

Hostelworld Group (LON:HSW)‘s stock had its “buy” rating reaffirmed by analysts at Shore Capital in a note issued to investors on Tuesday, Marketbeat.com reports.

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 247 ($3.02) price objective on shares of Hostelworld Group in a research note on Tuesday, October 15th.

Hostelworld Group Trading Down 1.5 %

Shares of Hostelworld Group stock opened at GBX 135.50 ($1.66) on Tuesday. 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 firm has a market cap of £169.36 million, a price-to-earnings ratio of 1,355.00 and a beta of 1.90. Hostelworld Group has a twelve month low of GBX 125 ($1.53) and a twelve month high of GBX 173.50 ($2.12). The business has a 50-day moving average price of GBX 134.70 and a 200-day moving average price of GBX 139.37.

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.