On the Beach Group plc (LON:OTB) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• Analyst consensus: Six analysts give On the Beach a consensus recommendation of "Moderate Buy" (five buys, one hold) with an average 12‑month target of GBX 308 and individual targets up to GBX 345.
• Market snapshot: Shares opened at GBX 163.50 and trade within a 1‑year range of GBX 152.20–304.50, with a market capitalization of £236.92m and a P/E of 10.83.
• Insider activity: Director Shaun Morton purchased 991 shares at GBX 185, and company insiders collectively own 9.03% of the stock.

Shares of On the Beach Group plc (LON:OTB - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the six ratings firms that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is GBX 308.

OTB has been the subject of a number of research analyst reports. Berenberg Bank reiterated a "buy" rating and issued a GBX 330 price target on shares of On the Beach Group in a report on Monday, January 19th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 345 price objective on shares of On the Beach Group in a research note on Thursday, April 9th. Finally, Shore Capital Group reiterated a "hold" rating on shares of On the Beach Group in a research note on Thursday, March 12th.

On the Beach Group Stock Up 0.1%

Shares of On the Beach Group stock opened at GBX 163.50 on Friday. 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 1-year low of GBX 152.20 and a 1-year high of GBX 304.50. The business has a 50-day moving average of GBX 175.68 and a 200-day moving average of GBX 200.74. The company has a market capitalization of £236.92 million, a PE ratio of 10.83, a P/E/G ratio of 0.71 and a beta of 1.37.

Insiders Place Their Bets

In other On the Beach Group news, insider Shaun Morton bought 991 shares of the business's stock in a transaction on Monday, April 20th. The shares were purchased at an average price of GBX 185 per share, with a total value of £1,833.35. 9.03% of the stock is currently owned by company insiders.

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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