On the Beach Group (LON:OTB) Upgraded at Shore Capital Group

On the Beach Group (LON:OTB) was upgraded by stock analysts at Shore Capital Group to a “buy” rating in a research report issued on Tuesday,London Stock Exchange reports. The firm currently has a GBX 210 target price on the stock. Shore Capital Group’s price target points to a potential upside of 37.25% from the company’s current price.

A number of other equities analysts have also commented on the stock. Deutsche Bank Aktiengesellschaft decreased their price target on shares of On the Beach Group from GBX 345 to GBX 314 and set a “buy” rating on the stock in a report on Wednesday, May 13th. Berenberg Bank cut their target price on shares of On the Beach Group from GBX 330 to GBX 280 and set a “buy” rating for the company in a research report on Monday, May 18th. Canaccord Genuity Group reduced their target price on On the Beach Group from GBX 293 to GBX 240 and set a “buy” rating on the stock in a research note on Wednesday, May 13th. Finally, Royal Bank Of Canada lowered their price target on On the Beach Group from GBX 305 to GBX 290 and set an “outperform” rating on the stock in a research report on Tuesday, May 19th. Seven equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, On the Beach Group has an average rating of “Buy” and an average price target of GBX 283.43.

On the Beach Group Price Performance

Shares of LON:OTB traded up GBX 2 on Tuesday, hitting GBX 153. The company’s stock had a trading volume of 3,086,956 shares, compared to its average volume of 1,713,157. The company has a market capitalization of £221.70 million, a PE ratio of 12.97, a PEG ratio of 0.71 and a beta of 1.34. The company has a debt-to-equity ratio of 23.85, a current ratio of 1.21 and a quick ratio of 0.83. The company has a 50-day simple moving average of GBX 158.12 and a 200 day simple moving average of GBX 188.61. On the Beach Group has a 1 year low of GBX 129.40 and a 1 year high of GBX 304.50.

On the Beach Group (LON:OTB) last posted its quarterly earnings data on Tuesday, May 12th. The company reported GBX 1.20 earnings per share for the quarter. The company had revenue of GBX 5,220 million for the quarter. On the Beach Group had a net margin of 3.11% and a return on equity of 2.40%. Sell-side analysts forecast that On the Beach Group will post 17.3349938 EPS for the current fiscal year.

Insider Activity at On the Beach Group

In other On the Beach Group news, insider Shaun Morton acquired 991 shares of the stock in a transaction dated Monday, April 20th. The stock was purchased at an average cost of GBX 185 per share, for a total transaction of £1,833.35. Company insiders own 9.24% of the company’s stock.

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.