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

Hostelworld Group (LON:HSW - Get Free Report)'s stock had its "buy" rating reaffirmed by research analysts at Canaccord Genuity Group in a note issued to investors on Friday, MarketBeat reports. They currently have a GBX 247 ($3.19) price objective on the stock. Canaccord Genuity Group's price target would suggest a potential upside of 87.83% from the company's previous close.

Separately, Shore Capital reiterated a "buy" rating on shares of Hostelworld Group in a research report on Thursday, March 20th.

Hostelworld Group Trading Up 2.7 %

Shares of LON HSW traded up GBX 3.50 ($0.05) during trading on Friday, reaching GBX 131.50 ($1.70). The company had a trading volume of 12,630 shares, compared to its average volume of 76,340. The stock has a market cap of £197.99 million, a P/E ratio of 13.46 and a beta of 1.90. The company's fifty day moving average price is GBX 128.89 and its 200-day moving average price is GBX 133.06. The company has a quick ratio of 1.20, a current ratio of 0.43 and a debt-to-equity ratio of 0.81. Hostelworld Group has a 12 month low of GBX 120 ($1.55) and a 12 month high of GBX 170 ($2.20).

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.