On the Beach Group plc (LON:OTB) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of On the Beach Group plc (LON:OTB) have received an average recommendation of “Moderate Buy” from the six research firms that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price objective 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 reports. Berenberg Bank reissued a “buy” rating and issued a GBX 330 price target on shares of On the Beach Group in a research report on Monday, January 19th. Shore Capital Group reissued a “hold” rating on shares of On the Beach Group in a research report on Thursday, March 12th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 345 price target on shares of On the Beach Group in a research report on Thursday, April 9th.

On the Beach Group Price Performance

Shares of OTB opened at GBX 174.80 on Tuesday. On the Beach Group has a 1-year low of GBX 152.20 and a 1-year high of GBX 304.50. The stock has a market cap of £253.29 million, a PE ratio of 11.58, a price-to-earnings-growth ratio of 0.71 and a beta of 1.37. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.28 and a quick ratio of 0.83. The firm has a fifty day moving average price of GBX 183.65 and a 200 day moving average price of GBX 204.63.

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.