Peel Hunt reaffirmed their buy rating on shares of On The Beach Group (LON:OTB) in a research note published on Thursday. The firm currently has a GBX 500 ($6.69) price target on the stock.

Other equities analysts also recently issued research reports about the stock. Numis Securities restated a buy rating and set a GBX 552 ($7.38) price objective on shares of On The Beach Group in a research report on Monday, December 18th. Berenberg Bank increased their price target on shares of On The Beach Group from GBX 470 ($6.28) to GBX 520 ($6.95) 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 currently has a consensus rating of Buy and an average target price of GBX 476.80 ($6.38).

On The Beach Group (LON:OTB) opened at GBX 489.50 ($6.54) on Thursday. The company has a market cap of $651.39 and a price-to-earnings ratio of 3,496.43. On The Beach Group has a 12-month low of GBX 3.95 ($0.05) and a 12-month high of GBX 500 ($6.69).

On The Beach Group (LON:OTB) last announced its quarterly earnings data on Thursday, November 30th. The company reported GBX 17.60 ($0.24) EPS for the quarter, topping the Zacks’ consensus estimate of GBX 17.50 ($0.23) by GBX 0.10 ($0.00). The company had revenue of GBX 8,356 million during the quarter. On The Beach Group had a net margin of 22.24% and a return on equity of 21.95%.

The business also recently declared a dividend, which will be paid on Thursday, February 15th. Stockholders of record on Thursday, January 11th will be issued a GBX 1.90 ($0.03) dividend. This represents a dividend 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 other news, insider Kirsteen Vickerstaff sold 7,021 shares of the stock in a transaction dated Friday, October 27th. The shares were sold at an average price of GBX 427 ($5.71), for a total value of £29,979.67 ($40,085.13). Also, insider Paul Meehan purchased 22,222 shares of the business’s stock in a transaction dated Thursday, December 21st. The stock was bought at an average price of GBX 450 ($6.02) per share, with a total value of £99,999 ($133,706.38). Insiders bought a total of 22,270 shares of company stock valued at $10,019,938 in the last quarter.

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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)

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