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

Shares of On the Beach Group plc (LON:OTB) have received a consensus recommendation of “Moderate Buy” from the six analysts that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is GBX 308.

OTB has been the topic of a number of research analyst reports. Shore Capital Group restated a “hold” rating on shares of On the Beach Group in a research report on Thursday. Peel Hunt reiterated a “buy” rating and set a GBX 350 target price on shares of On the Beach Group in a research note on Tuesday, December 2nd. Panmure Gordon restated a “buy” rating and issued a GBX 300 price target on shares of On the Beach Group in a research note on Monday, November 24th. Deutsche Bank Aktiengesellschaft upped their price objective on On the Beach Group from GBX 320 to GBX 345 and gave the company a “buy” rating in a research report on Tuesday, December 2nd. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 330 target price on shares of On the Beach Group in a report on Monday, January 19th.

On the Beach Group Price Performance

OTB opened at GBX 169 on Friday. The company’s 50-day simple moving average is GBX 207.21 and its two-hundred day simple moving average is GBX 221.23. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.83 and a current ratio of 1.28. The stock has a market capitalization of £244.89 million, a P/E ratio of 11.19, a P/E/G ratio of 0.71 and a beta of 1.30. On the Beach Group has a 52-week low of GBX 164.80 and a 52-week high of GBX 304.50.

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.