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

Canaccord Genuity Group reaffirmed their buy rating on shares of Hostelworld Group (LON:HSW) in a report issued on Friday morning, Marketbeat reports. They currently have a GBX 247 ($3.19) price objective on the stock.

Separately, Shore Capital reaffirmed a “buy” rating on shares of Hostelworld Group in a research note on Thursday.

Hostelworld Group Trading Down 1.1 %

LON:HSW opened at GBX 130 ($1.68) on Friday. The company has a market capitalization of £195.73 million, a PE ratio of 13.31 and a beta of 1.90. 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 52-week low of GBX 120 ($1.55) and a 52-week high of GBX 170 ($2.19). The stock has a fifty day simple moving average of GBX 129.03 and a 200-day simple moving average of GBX 133.32.

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.