Hostelworld Group’s (HSW) “Buy” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of Hostelworld Group (LON:HSW) in a research report sent to investors on Friday, Marketbeat.com reports. The firm currently has a GBX 247 ($3.19) price target on the stock.

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

Hostelworld Group Stock Performance

Hostelworld Group stock opened at GBX 130 ($1.68) on Friday. 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 50-day moving average of GBX 129.03 and a 200-day moving average of GBX 133.16. The firm has a market cap of £195.73 million, a P/E 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 ($2.20).

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.