On The Beach Group (OTB) Receives “Buy” Rating from Peel Hunt
Peel Hunt restated their buy rating on shares of On The Beach Group (LON:OTB) in a research note issued to investors on Tuesday. Peel Hunt currently has a GBX 550 ($7.19) target price on the stock, down from their prior target price of GBX 650 ($8.49).
Several other analysts have also commented on the company. Berenberg Bank raised their target price on On The Beach Group from GBX 600 ($7.84) to GBX 630 ($8.23) and gave the stock a buy rating in a report on Thursday, August 23rd. Numis Securities reaffirmed a buy rating and set a GBX 663 ($8.66) target price on shares of On The Beach Group in a report on Thursday, August 16th.
On The Beach Group stock opened at GBX 421.50 ($5.51) on Tuesday. On The Beach Group has a 52 week low of GBX 3.95 ($0.05) and a 52 week high of GBX 600 ($7.84).
On the Beach Group plc operates as an online retailer of package holidays to short-haul beach holidays under the On the Beach brand name. The company provides its services through onthebeach.co.uk, sunshine.co.uk, and onthebeachtransfers.co.uk Websites in the United Kingdom. It also provides its services through eBeach.se Website in Sweden, as well as through eBeach.no Website in Norway.
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