On the Beach Group (LON:OTB – Free Report) had its target price lowered by Canaccord Genuity Group from GBX 240 to GBX 220 in a research note issued to investors on Friday,Digital Look reports. The firm currently has a buy rating on the stock.
Separately, Shore Capital Group reissued a “buy” rating and issued a GBX 200 target price on shares of On the Beach Group in a research report on Thursday. Seven investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of GBX 279.14.
View Our Latest Stock Report on On the Beach Group
On the Beach Group Stock Down 2.2%
Key Stories Impacting On the Beach Group
Here are the key news stories impacting On the Beach Group this week:
- Positive Sentiment: Improved FY26 outlook: On the Beach expects adjusted pre-tax profit of £22 million–£23 million, toward the upper half of its guidance range, as bookings reached approximately £1.3 billion. The update suggests resilient demand and improving summer travel conditions. On the Beach Expects FY26 Adjusted Pre-Tax Profit of £22-23 Million as Bookings Reach £1.3 Billion
- Positive Sentiment: Booking growth supports earnings: The company said stronger bookings are driving expectations for profit in the upper part of its forecast range, indicating potential operating momentum into the new financial year. On the Beach says profit in upper guidance range after booking growth
- Positive Sentiment: Analysts remain constructive: Shore Capital reaffirmed its “buy” rating and set a GBX 200 target, while Canaccord Genuity maintained a “buy” rating despite lowering its target from GBX 240 to GBX 220. These targets still imply upside based on the recent trading level.
- Neutral Sentiment: RBC remains positive but more cautious: RBC reduced its price target while maintaining an “outperform” rating, suggesting the broker still expects relative performance but sees less near-term valuation upside. RBC Reduces On the Beach Group PT, Maintains Outperform Rating
- Negative Sentiment: Repeated price-target cuts may pressure sentiment: Although analyst ratings remain positive, lower targets from RBC and Canaccord could signal concerns about valuation, execution, or the pace at which stronger bookings will translate into future growth.
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.
Featured Articles
- Five stocks we like better than On the Beach Group
- Data Centers Got the AI Hype—But Office REITs May Get the Rent Hikes
- 2 Cybersecurity Stocks Breaking Out as AI Continues to Be a Tailwind
- 3 More AI Infrastructure Plays Beyond the Big Names
- CAVA Stock Slips: Sector Fear or Valuation Reality?
Receive News & Ratings for On the Beach Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for On the Beach Group and related companies with MarketBeat.com's FREE daily email newsletter.
