Analysts Set On the Beach Group plc (LON:OTB) PT at GBX 308

On the Beach Group plc (LON:OTBGet Free Report) has earned a consensus rating of “Moderate Buy” from the six ratings firms that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is GBX 308.

A number of brokerages have recently weighed in on OTB. Berenberg Bank reissued a “buy” rating and issued a GBX 330 price objective on shares of On the Beach Group in a report on Monday, January 19th. 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. Deutsche Bank Aktiengesellschaft lifted their target price on On the Beach Group from GBX 320 to GBX 345 and gave the stock a “buy” rating in a report on Tuesday, December 2nd. Panmure Gordon reiterated a “buy” rating and issued a GBX 300 target price on shares of On the Beach Group in a research report on Monday, November 24th. Finally, Shore Capital Group reiterated a “hold” rating on shares of On the Beach Group in a report on Thursday.

Read Our Latest Report on On the Beach Group

Key Headlines Impacting On the Beach Group

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On the Beach Group Stock Performance

Shares of OTB stock opened at GBX 162.72 on Friday. The firm has a market capitalization of £235.78 million, a price-to-earnings ratio of 10.78, a price-to-earnings-growth ratio of 0.71 and a beta of 1.30. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.28 and a quick ratio of 0.83. The business has a 50 day simple moving average of GBX 206.01 and a 200 day simple moving average of GBX 219.33. On the Beach Group has a 12-month low of GBX 161.38 and a 12-month high of GBX 304.50.

About On the Beach Group

(Get Free Report)

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.

Further Reading

Analyst Recommendations for On the Beach Group (LON:OTB)

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