Hostelworld Group’s (HSW) “Buy” Rating Reiterated at Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Hostelworld Group (LON:HSW) in a research note issued to investors on Monday morning, ThisIsMoney.Co.Uk reports. The firm currently has a GBX 165 ($2.16) target price on the stock, down from their previous target price of GBX 260 ($3.40).

Other research analysts have also issued research reports about the stock. Shore Capital restated a buy rating on shares of Hostelworld Group in a research report on Tuesday, August 13th. Numis Securities restated a buy rating on shares of Hostelworld Group in a research report on Monday, June 3rd. Finally, Berenberg Bank restated a hold rating on shares of Hostelworld Group in a research report on Thursday, April 25th.

Shares of LON:HSW opened at GBX 149.80 ($1.96) on Monday. The company’s 50 day moving average price is GBX 169.96 and its two-hundred day moving average price is GBX 197.29. Hostelworld Group has a 12-month low of GBX 153.40 ($2.00) and a 12-month high of GBX 285 ($3.72). The firm has a market cap of $143.17 million and a PE ratio of 13.87.

The company also recently declared a dividend, which will be paid on Friday, September 20th. Stockholders of record on Thursday, August 29th will be issued a dividend of €0.04 ($0.05) per share. This represents a dividend yield of 2.62%. The ex-dividend date of this dividend is Thursday, August 29th. Hostelworld Group’s dividend payout ratio (DPR) is presently 1.11%.

Hostelworld Group Company Profile

Hostelworld Group Plc operates an online hostel-booking platform worldwide. The company provides software and data processing services that facilitate hostel, B&B, hotel, and other accommodation bookings. It operates through its Hostelworld flagship brand, as well as under the Hostelbookers and Hostels.com brands.

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