On the Beach Group plc (LON:OTB) Receives GBX 308 Consensus Target Price from Analysts

On the Beach Group plc (LON:OTB) has been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 308.

A number of research firms recently issued reports on OTB. Peel Hunt restated a “buy” rating and set a GBX 350 price target on shares of On the Beach Group in a research note on Tuesday, December 2nd. Shore Capital Group reissued a “hold” rating on shares of On the Beach Group in a report on Tuesday, December 2nd. Panmure Gordon restated a “buy” rating and set a GBX 300 target price on shares of On the Beach Group in a research report on Monday, November 24th. Berenberg Bank reiterated a “buy” rating and issued a GBX 330 price target on shares of On the Beach Group in a research report on Monday, January 19th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of On the Beach Group from GBX 320 to GBX 345 and gave the stock a “buy” rating in a research note on Tuesday, December 2nd.

On the Beach Group Price Performance

Shares of OTB opened at GBX 200.50 on Monday. On the Beach Group has a 1-year low of GBX 182 and a 1-year high of GBX 304.50. The stock has a market cap of £290.53 million, a PE ratio of 13.28, a price-to-earnings-growth ratio of 0.71 and a beta of 2.42. 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 firm has a fifty day moving average price of GBX 217.03 and a 200 day moving average price of GBX 228.72.

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

Insider Transactions at On the Beach Group

In other On the Beach Group news, insider Simon Cooper bought 13,338 shares of the firm’s stock in a transaction dated Wednesday, December 3rd. The stock was acquired at an average price of GBX 214 per share, for a total transaction of £28,543.32. Also, insider Zoe Harris purchased 10,357 shares of the stock in a transaction that occurred on Wednesday, December 3rd. The shares were bought at an average cost of GBX 214 per share, for a total transaction of £22,163.98. Over the last quarter, insiders acquired 32,012 shares of company stock worth $6,850,568. Company insiders own 9.03% of the company’s stock.

About On the Beach Group

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.