On the Beach Group (LON:OTB) Given “Buy” Rating at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reissued their buy rating on shares of On the Beach Group (LON:OTB) in a research note published on Thursday,London Stock Exchange reports. They currently have a GBX 345 target price on the stock.

Other research analysts have also recently issued reports about the stock. Berenberg Bank reissued a “buy” rating and set a GBX 330 price objective on shares of On the Beach Group in a report on Monday, January 19th. Shore Capital Group reissued a “hold” rating on shares of On the Beach Group in a report on Thursday, March 12th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 308.

On the Beach Group Stock Up 0.6%

OTB opened at GBX 171.86 on Thursday. The company has a quick ratio of 0.83, a current ratio of 1.28 and a debt-to-equity ratio of 1.40. The firm has a 50 day moving average price of GBX 185.59 and a 200-day moving average price of GBX 205.90. On the Beach Group has a twelve month low of GBX 152.20 and a twelve month high of GBX 304.50. The stock has a market capitalization of £249.03 million, a price-to-earnings ratio of 11.38, a PEG ratio of 0.71 and a beta of 1.37.

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.