On the Beach Group plc (OTB) Rating Reiterated by Peel Hunt
On the Beach Group plc (LON:OTB)‘s stock had its “buy” rating reaffirmed by equities research analysts at Peel Hunt in a research report issued to clients and investors on Friday. They presently have a GBX 500 ($6.58) price target on the stock. Peel Hunt’s price target would indicate a potential upside of 19.83% from the stock’s previous close.
OTB has been the subject of several other research reports. Berenberg Bank boosted their price target on On the Beach Group from GBX 470 ($6.18) to GBX 520 ($6.84) and gave the company a “buy” rating in a research note on Friday, November 10th. Numis Securities Ltd boosted their price target on On the Beach Group from GBX 456 ($6.00) to GBX 552 ($7.26) and gave the company a “buy” rating in a research note on Thursday, October 19th. Five research analysts have rated the stock with a buy rating, On the Beach Group has an average rating of “Buy” and an average price target of GBX 476.80 ($6.27).
Shares of On the Beach Group (LON OTB) opened at GBX 417.25 ($5.49) on Friday. On the Beach Group has a 12 month low of GBX 3.95 ($0.05) and a 12 month high of GBX 482.50 ($6.35).
In other On the Beach Group news, insider Kirsteen Vickerstaff sold 7,021 shares of the company’s stock in a transaction that occurred on Friday, October 27th. The stock was sold at an average price of GBX 427 ($5.62), for a total transaction of £29,979.67 ($39,431.37). Insiders have acquired 72 shares of company stock valued at $30,070 in the last ninety days.
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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).
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