On The Beach Group (LON:OTB) Stock Rating Reaffirmed by Peel Hunt
Peel Hunt reissued their buy rating on shares of On The Beach Group (LON:OTB) in a research note issued to investors on Friday morning, ThisIsMoney.Co.Uk reports.
Other analysts have also issued research reports about the stock. Jefferies Financial Group reiterated a buy rating on shares of On The Beach Group in a research note on Friday, December 13th. Liberum Capital reaffirmed a buy rating on shares of On The Beach Group in a research report on Tuesday, January 7th. Finally, Berenberg Bank lifted their price target on shares of On The Beach Group from GBX 480 ($6.31) to GBX 540 ($7.10) and gave the stock a buy rating in a report on Monday, January 6th. Seven analysts have rated the stock with a buy rating, The company presently has an average rating of Buy and an average target price of GBX 535.83 ($7.05).
Shares of LON:OTB opened at GBX 426 ($5.60) on Friday. The business’s 50 day moving average is GBX 468.40 and its 200 day moving average is GBX 435.91. On The Beach Group has a 12-month low of GBX 280.60 ($3.69) and a 12-month high of GBX 500 ($6.58). The stock has a market cap of $558.97 million and a price-to-earnings ratio of 35.80. The company has a quick ratio of 1.00, a current ratio of 1.29 and a debt-to-equity ratio of 7.61.
The firm also recently declared a dividend, which will be paid on Thursday, February 13th. Shareholders of record on Thursday, January 9th will be given a dividend of GBX 2 ($0.03) per share. This represents a yield of 0.45%. This is a positive change from On The Beach Group’s previous dividend of $1.30. The ex-dividend date of this dividend is Thursday, January 9th. On The Beach Group’s dividend payout ratio is presently 0.25%.
About On The Beach Group
On the Beach Group plc operates as an online retailer of short-haul beach holidays under the On the Beach brand name. It operates through three segments: Core, B2B, and International. The company provides its services through onthebeach.co.uk, sunshine.co.uk, and onthebeachtransfers.co.uk Websites in the United Kingdom.
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