On the Beach Group plc (LON:OTB) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Analyst consensus: Six analysts rate On the Beach an average of "Moderate Buy" (five buys, one hold) with a 1‑year average target price of GBX 308.
• Share price & valuation: Shares opened at GBX 163.60, well below the GBX 308 target and the 52‑week high of GBX 304.50, with a market cap of £237.06m and a P/E of 10.83.
• Business profile: The company is an asset‑light, profitable and cash‑generative UK online package holiday specialist positioned for growth and disruption of legacy operators.

Shares of On the Beach Group plc (LON:OTB - Get Free Report) have been given an average recommendation of "Moderate Buy" by the six analysts that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 308.

OTB has been the topic of a number of recent research reports. Shore Capital Group reaffirmed a "hold" rating on shares of On the Beach Group in a research note on Thursday, March 12th. Berenberg Bank reaffirmed a "buy" rating and set a GBX 330 price target on shares of On the Beach Group in a research note on Monday, January 19th.

On the Beach Group Price Performance

Shares of LON:OTB opened at GBX 163.60 on Tuesday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.83 and a current ratio of 1.28. The firm has a fifty day moving average price of GBX 188.47 and a 200 day moving average price of GBX 207.04. On the Beach Group has a fifty-two week low of GBX 152.20 and a fifty-two week high of GBX 304.50. The firm has a market cap of £237.06 million, a price-to-earnings ratio of 10.83, a P/E/G ratio of 0.71 and a beta of 1.30.

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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