Shares of On The Beach Group PLC (LON:OTB) have been assigned an average rating of “Buy” from the seven analysts that are currently covering the firm, Marketbeat reports. Seven investment analysts have rated the stock with a buy rating. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 473.33 ($6.23).
A number of brokerages have recently issued reports on OTB. Jefferies Financial Group reaffirmed a “buy” rating on shares of On The Beach Group in a report on Friday, December 13th. Liberum Capital reaffirmed a “buy” rating and set a GBX 440 ($5.79) price target (down previously from GBX 540 ($7.10)) on shares of On The Beach Group in a report on Monday, March 2nd. Citigroup dropped their price target on shares of On The Beach Group from GBX 500 ($6.58) to GBX 430 ($5.66) and set a “buy” rating on the stock in a report on Tuesday, March 3rd. Peel Hunt reaffirmed a “buy” rating on shares of On The Beach Group in a report on Tuesday, March 10th. Finally, Berenberg Bank reaffirmed a “buy” rating on shares of On The Beach Group in a report on Friday, January 17th.
Shares of LON OTB traded up GBX 42.80 ($0.56) during trading on Monday, reaching GBX 227.40 ($2.99). 790,618 shares of the company traded hands, compared to its average volume of 371,885. The firm has a 50 day simple moving average of GBX 314.59 and a 200-day simple moving average of GBX 401.88. The company has a quick ratio of 0.99, a current ratio of 1.29 and a debt-to-equity ratio of 7.61. The stock has a market capitalization of $261.39 million and a PE ratio of 19.11. On The Beach Group has a 52-week low of GBX 214.60 ($2.82) and a 52-week high of GBX 500 ($6.58).
On the Beach Group plc operates as an online retailer of short-haul beach holidays under the On the Beach brand name. It operates through three segments: Core, B2B, and International. The company provides its services through onthebeach.co.uk, sunshine.co.uk, and onthebeachtransfers.co.uk Websites in the United Kingdom.
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