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An announcement from Hostelworld ( (GB:HSW) ) is now available.
Hostelworld Group PLC has announced the repurchase of 20,355 of its ordinary shares as part of its ongoing share buyback program. This move, executed through Goodbody Stockbrokers UC, reflects the company’s strategy to enhance shareholder value by reducing the number of shares in circulation, potentially increasing the value of remaining shares.
The most recent analyst rating on (GB:HSW) stock is a Hold with a £129.00 price target. To see the full list of analyst forecasts on Hostelworld stock, see the GB:HSW Stock Forecast page.
Spark’s Take on GB:HSW Stock
According to Spark, TipRanks’ AI Analyst, GB:HSW is a Neutral.
Hostelworld’s overall stock score reflects its strong financial performance, particularly in cash flow management and profitability improvements. However, technical indicators suggest limited momentum, and the valuation indicates moderate pricing. The absence of earnings call data and corporate events limits further insights.
To see Spark’s full report on GB:HSW stock, click here.
More about Hostelworld
Hostelworld Group PLC operates in the travel and hospitality industry, primarily offering an online platform for booking hostels worldwide. The company focuses on budget-conscious travelers seeking affordable accommodation options.
Average Trading Volume: 130,995
Technical Sentiment Signal: Sell
Current Market Cap: £149.4M
Find detailed analytics on HSW stock on TipRanks’ Stock Analysis page.