Shore Capital Reiterates “Buy” Rating for Hostelworld Group (LON:HSW)

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

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 247 ($3.02) target price on shares of Hostelworld Group in a research report on Tuesday, October 15th.

Hostelworld Group Price Performance

LON HSW opened at GBX 135.50 ($1.66) on Tuesday. Hostelworld Group has a 12-month low of GBX 125 ($1.53) and a 12-month high of GBX 173.50 ($2.12). The firm’s fifty day simple moving average is GBX 134.70 and its two-hundred day simple moving average is GBX 139.37. The company has a current ratio of 0.43, a quick ratio of 1.20 and a debt-to-equity ratio of 0.81. The firm has a market capitalization of £169.36 million, a P/E ratio of 1,355.00 and a beta of 1.90.

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.