On the Beach Group plc (LON:OTB) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of On the Beach Group plc (LON:OTB) have received an average recommendation of “Moderate Buy” from the six research firms that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is GBX 308.

A number of brokerages have issued reports on OTB. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 345 price objective on shares of On the Beach Group in a research note on Thursday, April 9th. Shore Capital Group reiterated a “hold” rating on shares of On the Beach Group in a research note on Thursday, March 12th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 330 price objective on shares of On the Beach Group in a research note on Monday, January 19th.

Insider Buying and Selling at On the Beach Group

In related news, insider Shaun Morton purchased 991 shares of On the Beach Group stock in a transaction dated Monday, April 20th. The shares were bought at an average cost of GBX 185 per share, for a total transaction of £1,833.35. Insiders own 9.03% of the company’s stock.

On the Beach Group Trading Up 1.1%

Shares of On the Beach Group stock opened at GBX 168.80 on Friday. The company has a market capitalization of £244.60 million, a price-to-earnings ratio of 11.18, a PEG ratio of 0.71 and a beta of 1.35. The company has a quick ratio of 0.83, a current ratio of 1.28 and a debt-to-equity ratio of 1.40. On the Beach Group has a 12-month low of GBX 152.20 and a 12-month high of GBX 304.50. The firm’s 50-day moving average price is GBX 174.27 and its two-hundred day moving average price is GBX 199.57.

On the Beach Group Company Profile

On the Beach is one of the UK’s largest online package holiday specialists with significant opportunities for growth. Founded in 2004 and listed on the London Stock Exchange in 2015, today over 1.7 million customers find, book and enjoy their perfect package holiday with us every single year.

Our innovative technology, low-cost base and strong customer-value proposition provides a structural challenge to legacy tour operators and online travel agents, as we continue disrupting the market. Our model is customer-centric, asset light, profitable and cash generative.