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.
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.
Featured Story: What is required to own or exchange cryptocurrency?
Receive News & Ratings for Hostelworld Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hostelworld Group and related companies with MarketBeat.com's FREE daily email newsletter.