Hostelworld Group (HSW) Price Target Lowered to GBX 380 at Peel Hunt

Hostelworld Group (LON:HSW) had its price target reduced by stock analysts at Peel Hunt from GBX 475 ($6.21) to GBX 380 ($4.97) in a research note issued on Friday. The brokerage currently has a “buy” rating on the stock. Peel Hunt’s price target points to a potential upside of 118.39% from the company’s previous close.

HSW has been the subject of a number of other reports. Numis Securities reaffirmed a “buy” rating on shares of Hostelworld Group in a report on Thursday, August 30th. Berenberg Bank cut shares of Hostelworld Group to a “hold” rating and dropped their target price for the company from GBX 420 ($5.49) to GBX 270 ($3.53) in a report on Monday, September 3rd.

Shares of Hostelworld Group stock opened at GBX 174 ($2.27) on Friday. Hostelworld Group has a 12-month low of GBX 212 ($2.77) and a 12-month high of GBX 425 ($5.55).

About Hostelworld Group

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 brands.

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