Numis Securities reissued their buy rating on shares of On the Beach Group (LON:OTB) in a research report released on Monday morning. The firm currently has a GBX 552 ($7.43) price objective on the stock.

A number of other research analysts also recently commented on the company. Peel Hunt reiterated a buy rating and issued a GBX 500 ($6.73) price objective on shares of On the Beach Group in a report on Monday, October 16th. Berenberg Bank increased their price objective on On the Beach Group from GBX 470 ($6.33) to GBX 520 ($7.00) and gave the company a buy rating in a report on Friday, November 10th. Five equities research analysts have rated the stock with a buy rating, On the Beach Group presently has an average rating of Buy and an average price target of GBX 476.80 ($6.42).

On the Beach Group (LON OTB) opened at GBX 450 ($6.06) on Monday. On the Beach Group has a 1-year low of GBX 3.95 ($0.05) and a 1-year high of GBX 482.50 ($6.49).

On the Beach Group (LON:OTB) last released its quarterly earnings data on Thursday, November 30th. The company reported GBX 17.60 ($0.24) EPS for the quarter, beating analysts’ consensus estimates of GBX 17.50 ($0.24) by GBX 0.10 ($0.00). On the Beach Group had a return on equity of 18.56% and a net margin of 20.71%. The business had revenue of GBX 8,356 million for the quarter.

The company also recently declared a dividend, which will be paid on Thursday, February 15th. Investors of record on Thursday, January 11th will be paid a dividend of GBX 1.90 ($0.03) per share. This represents a yield of 0.42%. The ex-dividend date is Thursday, January 11th. This is an increase from On the Beach Group’s previous dividend of $0.90.

In related news, insider Kirsteen Vickerstaff sold 7,021 shares of the firm’s stock in a transaction that occurred on Friday, October 27th. The stock was sold at an average price of GBX 427 ($5.75), for a total transaction of £29,979.67 ($40,349.49). Insiders have purchased a total of 72 shares of company stock worth $30,070 in the last 90 days.

COPYRIGHT VIOLATION NOTICE: “On the Beach Group (OTB) Given Buy Rating at Numis Securities” was first posted by Watch List News and is the property of of Watch List News. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of U.S. & international copyright & trademark law. The original version of this piece of content can be accessed at https://www.watchlistnews.com/on-the-beach-group-otb-given-buy-rating-at-numis-securities/1772586.html.

About On the Beach Group

On the Beach Group plc is a United Kingdom-based online travel agent. The Company operates in two segments: Core and International. The Company’s core segment conducts its activity through the United Kingdom Website (UK). The Company’s international segment conducts its activity through Swedish Website (eBeach.se).

Analyst Recommendations for On the Beach Group (LON:OTB)

Receive News & Ratings for On the Beach Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for On the Beach Group and related companies with MarketBeat.com's FREE daily email newsletter.