On The Beach Group (LON:OTB) Receives Buy Rating from Liberum Capital

Liberum Capital reissued their buy rating on shares of On The Beach Group (LON:OTB) in a research note released on Wednesday morning, Stock Target Advisor reports.

OTB has been the topic of several other research reports. Peel Hunt reiterated a buy rating and issued a GBX 550 ($7.19) price target on shares of On The Beach Group in a research note on Wednesday, August 28th. Peel Hunt reiterated a buy rating on shares of On The Beach Group in a research note on Wednesday. Jefferies Financial Group reiterated a buy rating and issued a GBX 545 ($7.12) price target on shares of On The Beach Group in a research note on Friday, August 23rd. Finally, Berenberg Bank reiterated a buy rating on shares of On The Beach Group in a research note on Thursday, September 26th. Seven investment analysts have rated the stock with a buy rating, The stock has a consensus rating of Buy and a consensus target price of GBX 525.83 ($6.87).

Shares of OTB opened at GBX 452.18 ($5.91) on Wednesday. On The Beach Group has a 52-week low of GBX 280.60 ($3.67) and a 52-week high of GBX 495 ($6.47). The business’s fifty day moving average is GBX 435.30 and its 200-day moving average is GBX 433.90. The company has a debt-to-equity ratio of 7.61, a quick ratio of 0.89 and a current ratio of 1.17. The firm has a market cap of $593.06 million and a price-to-earnings ratio of 25.99.

On The Beach Group (LON:OTB) last issued its quarterly earnings results on Wednesday, November 27th. The company reported GBX 21.40 ($0.28) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of GBX 21.60 ($0.28) by GBX (0.20) ($0.00). As a group, research analysts forecast that On The Beach Group will post 2127.9999196 EPS for the current fiscal year.

The company also recently disclosed a dividend, which will be paid on Thursday, February 13th. Investors of record on Thursday, January 9th will be given a dividend of GBX 2 ($0.03) per share. The ex-dividend date of this dividend is Thursday, January 9th. This represents a yield of 0.45%. This is a positive change from On The Beach Group’s previous dividend of $1.30. On The Beach Group’s payout ratio is currently 0.23%.

On The Beach Group Company Profile

On the Beach Group plc operates as an online retailer of short-haul beach holidays under the On the Beach brand name. It operates through three segments: Core, B2B, and International. The company provides its services through onthebeach.co.uk, sunshine.co.uk, and onthebeachtransfers.co.uk Websites in the United Kingdom.

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Analyst Recommendations for On The Beach Group (LON:OTB)

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