On the Beach Group plc (LON:OTB – Get Free Report) insider Simon Cooper acquired 500,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 7th. The stock was purchased at an average cost of GBX 174 per share, with a total value of £870,000.
On the Beach Group Price Performance
Shares of LON:OTB opened at GBX 170.80 on Friday. The company has a 50 day moving average of GBX 181.98 and a 200 day moving average of GBX 171. The stock has a market cap of £241.22 million, a P/E ratio of 14.47, a P/E/G ratio of 0.71 and a beta of 1.30. On the Beach Group plc has a 12 month low of GBX 129.40 and a 12 month high of GBX 234. The company has a current ratio of 1.21, a quick ratio of 0.83 and a debt-to-equity ratio of 23.85.
Analysts Set New Price Targets
Several brokerages have recently commented on OTB. Shore Capital Group reiterated a “buy” rating and set a GBX 200 price objective on shares of On the Beach Group in a research report on Thursday, September 24th. Berenberg Bank reduced their price target on shares of On the Beach Group from GBX 280 to GBX 240 and set a “buy” rating on the stock in a research report on Thursday. Finally, Canaccord Genuity Group decreased their price target on shares of On the Beach Group from GBX 240 to GBX 220 and set a “buy” rating on the stock in a research note on Friday, September 25th. Seven research analysts have rated the stock with a Buy rating. According to data from MarketBeat, On the Beach Group currently has a consensus rating of “Buy” and an average price target of GBX 273.43.
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.
Featured Stories
- Five stocks we like better than On the Beach Group
- 3 Unique ETFs With Strong Momentum for the End of the Year
- 3 Beaten-Down Biotech Stocks With Triple-Digit Upside and Big Catalysts Ahead
- Schneider Just Paid Up for PTC—Is the SaaSpocalypse Overdone?
- Delta Air Lines Faces a Fuel Crisis—But There’s a Silver Lining
Receive News & Ratings for On the Beach Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for On the Beach Group and related companies with MarketBeat.com's FREE daily email newsletter.
