On the Beach Group (LON:OTB) Earns "Buy" Rating from Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank reaffirmed a "Buy" on On the Beach with a GBX 345 price target, implying roughly a 103% upside from the stock's recent price (GBX 169.56).
• Analyst consensus is a Moderate Buy (five Buys, one Hold) with a consensus target of GBX 308; the shares trade at a PE of 11.23 and a market cap of £245.7M, suggesting valuation-driven upside versus the 12‑month range of GBX 152.20–304.50.

On the Beach Group (LON:OTB - Get Free Report)'s stock had its "buy" rating reaffirmed by equities research analysts at Deutsche Bank Aktiengesellschaft in a note issued to investors on Thursday,London Stock Exchange reports. They presently have a GBX 345 price target on the stock. Deutsche Bank Aktiengesellschaft's price target indicates a potential upside of 103.47% from the company's current price.

Several other analysts also recently weighed in on OTB. Berenberg Bank restated a "buy" rating and set a GBX 330 target price on shares of On the Beach Group in a research note on Monday, January 19th. Shore Capital Group restated a "hold" rating on shares of On the Beach Group in a research note on Thursday, March 12th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, On the Beach Group has a consensus rating of "Moderate Buy" and a consensus target price of GBX 308.

On the Beach Group Trading Down 2.2%

LON:OTB opened at GBX 169.56 on Thursday. The business's 50-day moving average is GBX 186.53 and its two-hundred day moving average is GBX 206.14. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.28 and a quick ratio of 0.83. On the Beach Group has a 12 month low of GBX 152.20 and a 12 month high of GBX 304.50. The firm has a market capitalization of £245.70 million, a PE ratio of 11.23, a price-to-earnings-growth ratio of 0.71 and a beta of 1.37.

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.

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