On the Beach Group’s (OTB) Hold Rating Reiterated at Shore Capital Group

On the Beach Group (LON:OTB)‘s stock had its “hold” rating reaffirmed by investment analysts at Shore Capital Group in a note issued to investors on Thursday,Digital Look reports.

Other research analysts have also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft increased their price target on shares of 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. Peel Hunt reaffirmed a “buy” rating and set a GBX 350 target price on shares of On the Beach Group in a report on Tuesday, December 2nd. Berenberg Bank reiterated a “buy” rating and issued a GBX 330 target price on shares of On the Beach Group in a research report on Monday, January 19th. Finally, Panmure Gordon reissued 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. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 308.

On the Beach Group Price Performance

Shares of On the Beach Group stock opened at GBX 172.80 on Thursday. The firm has a market capitalization of £250.40 million, a PE ratio of 11.44, a price-to-earnings-growth ratio of 0.71 and a beta of 1.30. The company has a current ratio of 1.28, a quick ratio of 0.83 and a debt-to-equity ratio of 1.40. On the Beach Group has a 12 month low of GBX 164.80 and a 12 month high of GBX 304.50. The business’s 50-day moving average price is GBX 208.41 and its 200-day moving average price is GBX 221.60.

About On the Beach Group

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.