On The Beach Group (LON:OTB) Given Buy Rating at Peel Hunt
On The Beach Group (LON:OTB)‘s stock had its “buy” rating reaffirmed by research analysts at Peel Hunt in a report issued on Monday, ThisIsMoney.Co.Uk reports.
Several other research analysts have also recently weighed in on the stock. Peel Hunt reissued a “buy” rating and issued a GBX 400 ($4.92) price target on shares of On The Beach Group in a report on Tuesday, June 2nd. Jefferies Financial Group cut shares of On The Beach Group to a “hold” rating and lowered their price target for the company from GBX 490 ($6.03) to GBX 330 ($4.06) in a report on Friday, June 12th. Citigroup lowered their price target on shares of On The Beach Group from GBX 500 ($6.15) to GBX 430 ($5.29) and set a “buy” rating on the stock in a report on Tuesday, March 3rd. Liberum Capital lowered their price target on shares of On The Beach Group from GBX 440 ($5.41) to GBX 400 ($4.92) and set a “buy” rating on the stock in a report on Friday, June 5th. Finally, Berenberg Bank raised their target price on shares of On The Beach Group from GBX 280 ($3.45) to GBX 400 ($4.92) and gave the stock a “buy” rating in a report on Tuesday, June 2nd. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of GBX 393.33 ($4.84).
On The Beach Group stock opened at GBX 294.50 ($3.62) on Monday. The stock has a market cap of $475.23 million and a P/E ratio of 25.38. The company has a quick ratio of 0.99, a current ratio of 1.29 and a debt-to-equity ratio of 7.61. On The Beach Group has a twelve month low of GBX 112.60 ($1.39) and a twelve month high of GBX 500 ($6.15). The company’s 50-day moving average price is GBX 280.01 and its two-hundred day moving average price is GBX 333.46.
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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