On the Beach Group plc (LON:OTB) Stock Now Rated “Buy” by Wall Street Analysts

On the Beach Group plc (LON:OTB) has been assigned a consensus recommendation of “Buy” from the seven ratings firms that are presently covering the stock, Marketbeat reports. Seven analysts have rated the stock with a buy rating. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is GBX 279.14.

Several equities research analysts have recently weighed in on the stock. Shore Capital Group reiterated a “buy” rating and set a GBX 200 target price on shares of On the Beach Group in a research note on Thursday, September 24th. Canaccord Genuity Group lowered their price target on On the Beach Group from GBX 240 to GBX 220 and set a “buy” rating on the stock in a report on Friday, September 25th.

On the Beach Group Stock Down 0.6%

Shares of LON:OTB opened at GBX 176.60 on Tuesday. The stock has a market cap of £251.88 million, a P/E ratio of 14.97, a P/E/G ratio of 0.71 and a beta of 1.30. The firm has a fifty day moving average price of GBX 183.02 and a 200 day moving average price of GBX 170.60. The company has a debt-to-equity ratio of 23.85, a current ratio of 1.21 and a quick ratio of 0.83. On the Beach Group has a 1-year low of GBX 129.40 and a 1-year high of GBX 234.

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.