On the Beach Group plc (LON:OTB) Receives GBX 303 Average Target Price from Brokerages

by · The Cerbat Gem

Shares of On the Beach Group plc (LON:OTB – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the six brokerages that are currently covering the company, Marketbeat reports. One 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 objective among analysts that have issued a report on the stock in the last year is GBX 303.

A number of equities research analysts have recently commented on the stock. Shore Capital reiterated a “hold” rating on shares of On the Beach Group in a report on Tuesday, December 2nd. Panmure Gordon reissued a “buy” rating and set a GBX 300 price objective on shares of On the Beach Group in a research note on Monday, November 24th. Deutsche Bank Aktiengesellschaft raised their target price on shares of On the Beach Group from GBX 320 to GBX 345 and gave the stock a “buy” rating in a research report on Tuesday, December 2nd. Peel Hunt reiterated a “buy” rating and issued a GBX 350 price target on shares of On the Beach Group in a report on Tuesday, December 2nd. Finally, Canaccord Genuity Group reduced their price target on On the Beach Group from GBX 313 to GBX 293 and set a “buy” rating on the stock in a research note on Thursday, September 25th.

View Our Latest Research Report on OTB

On the Beach Group Stock Performance

On the Beach Group stock opened at GBX 222.50 on Friday. On the Beach Group has a fifty-two week low of GBX 182 and a fifty-two week high of GBX 304.50. The company has a market capitalization of £322.41 million, a price-to-earnings ratio of 14.74, a PEG ratio of 0.71 and a beta of 2.42. The stock has a fifty day moving average of GBX 213.95 and a two-hundred day moving average of GBX 246.28. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.83 and a current ratio of 1.37.

On the Beach Group (LON:OTB – Get Free Report) last posted its quarterly earnings data on Tuesday, December 2nd. The company reported GBX 19 EPS for the quarter. On the Beach Group had a return on equity of 8.73% and a net margin of 8.66%. On average, analysts anticipate that On the Beach Group will post 17.3349938 EPS for the current fiscal year.

Insider Buying and Selling

In other On the Beach Group news, insider Jon Wormald purchased 8,317 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The shares were purchased at an average cost of GBX 214 per share, with a total value of £17,798.38. Also, insider Simon Cooper acquired 13,338 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The shares were bought at an average cost of GBX 214 per share, with a total value of £28,543.32. Over the last ninety days, insiders have acquired 32,012 shares of company stock worth $6,850,568. 9.01% of the stock is owned by company insiders.

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.

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