On the Beach Group (LON:OTB) Given Hold Rating at Shore Capital

by · The Cerbat Gem

On the Beach Group (LON:OTB – Get Free Report)‘s stock had its “hold” rating reiterated by equities researchers at Shore Capital in a research report issued to clients and investors on Tuesday,London Stock Exchange reports.

Several other equities research analysts have also commented on OTB. Canaccord Genuity Group decreased 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. Peel Hunt reaffirmed a “buy” rating and set a GBX 350 price objective on shares of On the Beach Group in a report on Tuesday. Panmure Gordon restated a “buy” rating and issued a GBX 300 price target on shares of On the Beach Group in a research report on Monday, November 24th. Finally, Berenberg Bank cut their price target on On the Beach Group from GBX 330 to GBX 300 and set a “buy” rating for the company in a research note on Tuesday, November 11th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, On the Beach Group has a consensus rating of “Moderate Buy” and a consensus target price of GBX 294.60.

Get Our Latest Analysis on OTB

On the Beach Group Price Performance

Shares of LON OTB traded down GBX 3.24 during trading on Tuesday, hitting GBX 213.26. 1,928,930 shares of the company were exchanged, compared to its average volume of 864,560. The firm’s fifty day moving average price is GBX 210.65 and its 200 day moving average price is GBX 252.56. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.37 and a quick ratio of 0.83. The company has a market cap of £316.28 million, a price-to-earnings ratio of 23.18, a PEG ratio of 0.71 and a beta of 2.42. On the Beach Group has a 1 year low of GBX 182 and a 1 year high of GBX 304.50.

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

On the Beach Group Company Profile

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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.

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