TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Hostelworld ( (GB:HSW) ) has shared an announcement.
Hostelworld Group PLC has executed a share buyback, purchasing 23,198 of its ordinary shares on the London Stock Exchange, as part of a previously announced buyback program. This transaction, facilitated by Goodbody Stockbrokers, will lead to the cancellation of the repurchased shares, reducing the total number of shares in circulation and potentially enhancing shareholder value.
The most recent analyst rating on (GB:HSW) stock is a Hold with a £136.00 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 is primarily driven by its strong financial performance, reflecting significant operational improvements and financial resilience. Technical analysis suggests moderate bullish momentum, but valuation metrics indicate potential overvaluation concerns. The absence of earnings call data and corporate events means these factors do not influence the score.
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 and budget accommodations worldwide. The company focuses on providing affordable lodging options for travelers, particularly targeting the backpacker and budget-conscious market segments.
Average Trading Volume: 160,440
Technical Sentiment Signal: Hold
Current Market Cap: £155M
For a thorough assessment of HSW stock, go to TipRanks’ Stock Analysis page.