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

On the Beach Group (LON:OTB)‘s stock had its “hold” rating reissued by analysts at Shore Capital in a research note issued to investors on Tuesday,London Stock Exchange reports.

A number of other equities research analysts have also weighed in on OTB. Panmure Gordon restated a “buy” rating and issued a GBX 300 price objective on shares of On the Beach Group in a report on Monday, November 24th. Peel Hunt reiterated a “buy” rating and set a GBX 350 target price on shares of On the Beach Group in a research report on Tuesday. Berenberg Bank reduced their target price on On the Beach Group from GBX 330 to GBX 300 and set a “buy” rating for the company in a report on Tuesday, November 11th. Finally, Canaccord Genuity Group dropped their price target on On the Beach Group from GBX 313 to GBX 293 and set a “buy” rating on the stock in a research note on Thursday, September 25th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 294.60.

On the Beach Group Stock Down 1.5%

LON:OTB traded down GBX 3.24 during midday trading on Tuesday, reaching GBX 213.26. The company had a trading volume of 1,928,930 shares, compared to its average volume of 864,560. On the Beach Group has a 12-month low of GBX 182 and a 12-month high of GBX 304.50. The firm has a market capitalization of £316.28 million, a price-to-earnings ratio of 23.18, a PEG ratio of 0.71 and a beta of 2.42. The company has a current ratio of 1.37, a quick ratio of 0.83 and a debt-to-equity ratio of 1.53. The stock’s fifty day simple moving average is GBX 210.65 and its 200-day simple moving average is GBX 252.56.

On the Beach Group (LON:OTB) last posted its quarterly earnings results on Tuesday, December 2nd. The company reported GBX 19 earnings per share (EPS) for the quarter. On the Beach Group had a return on equity of 8.73% and a net margin of 8.66%. On average, sell-side analysts anticipate that On the Beach Group will post 17.3349938 earnings per share for the current fiscal year.

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.