On the Beach Group plc (LON:OTB) Receives Average Rating of “Moderate Buy” from Analysts

Shares of On the Beach Group plc (LON:OTB) have been given an average recommendation of “Moderate Buy” by the six analysts that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 308.

OTB has been the topic of a number of recent research reports. Shore Capital Group reaffirmed a “hold” rating on shares of On the Beach Group in a research note on Thursday, March 12th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 330 price target on shares of On the Beach Group in a research note on Monday, January 19th.

On the Beach Group Price Performance

Shares of LON:OTB opened at GBX 163.60 on Tuesday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.83 and a current ratio of 1.28. The firm has a fifty day moving average price of GBX 188.47 and a 200 day moving average price of GBX 207.04. On the Beach Group has a fifty-two week low of GBX 152.20 and a fifty-two week high of GBX 304.50. The firm has a market cap of £237.06 million, a price-to-earnings ratio of 10.83, a P/E/G ratio of 0.71 and a beta of 1.30.

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.