On The Beach Group (LON:OTB) Given Buy Rating at Liberum Capital

Liberum Capital restated their buy rating on shares of On The Beach Group (LON:OTB) in a research report sent to investors on Tuesday morning, ThisIsMoney.Co.Uk reports.

Several other analysts have also issued reports on OTB. Jefferies Financial Group lowered shares of On The Beach Group to a hold rating and reduced their target price for the stock from GBX 490 ($6.03) to GBX 330 ($4.06) in a research note on Friday, June 12th. Citigroup reduced their target price on shares of On The Beach Group from GBX 500 ($6.15) to GBX 430 ($5.29) and set a buy rating for the company in a research note on Tuesday, March 3rd. Peel Hunt reiterated a buy rating and issued a GBX 400 ($4.92) target price on shares of On The Beach Group in a research note on Tuesday, June 2nd. Peel Hunt reiterated a buy rating on shares of On The Beach Group in a research note on Monday. Finally, Berenberg Bank boosted their price target 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 research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of Buy and an average price target of GBX 393.33 ($4.84).

LON OTB opened at GBX 294.50 ($3.62) on Tuesday. On The Beach Group has a 1 year low of GBX 112.60 ($1.39) and a 1 year high of GBX 500 ($6.15). The company has a debt-to-equity ratio of 7.61, a current ratio of 1.29 and a quick ratio of 0.99. The firm has a market cap of $475.23 million and a price-to-earnings ratio of 24.75. The company has a fifty day moving average price of GBX 280.01 and a 200-day moving average price of GBX 333.46.

On The Beach Group Company Profile

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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Analyst Recommendations for On The Beach Group (LON:OTB)

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