On the Beach Group (LON:OTB)‘s stock had its “buy” rating reiterated by analysts at Numis Securities in a research note issued on Thursday. They presently have a GBX 552 ($7.39) price objective on the stock. Numis Securities’ price target would suggest a potential upside of 24.11% from the company’s current price.

Several other analysts have also weighed in on OTB. Peel Hunt reissued a “buy” rating and issued a GBX 500 ($6.70) target price on shares of On the Beach Group in a report on Thursday. Berenberg Bank upped their target price on On the Beach Group from GBX 470 ($6.29) to GBX 520 ($6.96) and gave the company a “buy” rating in a report on Friday, November 10th. Five equities research analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and a consensus target price of GBX 476.80 ($6.39).

Shares of On the Beach Group (OTB) traded up GBX 45.75 ($0.61) during mid-day trading on Thursday, reaching GBX 444.75 ($5.96). The company had a trading volume of 664,916 shares, compared to its average volume of 479,099. On the Beach Group has a 52-week low of GBX 3.95 ($0.05) and a 52-week high of GBX 482.50 ($6.46).

On the Beach Group (LON:OTB) last announced its quarterly earnings data on Thursday, November 30th. The company reported GBX 17.60 ($0.24) earnings per share for the quarter, topping the Zacks’ consensus estimate of GBX 17.50 ($0.23) by GBX 0.10 ($0.00). On the Beach Group had a return on equity of 18.56% and a net margin of 20.71%. The firm had revenue of GBX 8,356 million for the quarter.

In other news, insider Kirsteen Vickerstaff sold 7,021 shares of the company’s stock in a transaction on Friday, October 27th. The stock was sold at an average price of GBX 427 ($5.72), for a total value of £29,979.67 ($40,149.55). Insiders acquired 72 shares of company stock worth $30,070 in the last three months.

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About On the Beach Group

On the Beach Group plc is a United Kingdom-based online travel agent. The Company operates in two segments: Core and International. The Company’s core segment conducts its activity through the United Kingdom Website (UK). The Company’s international segment conducts its activity through Swedish Website (eBeach.se).

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

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