On The Beach Group (LON:OTB) Given “Buy” Rating at Citigroup

On The Beach Group (LON:OTB)‘s stock had its “buy” rating reissued by analysts at Citigroup in a research note issued on Wednesday, ThisIsMoney.Co.Uk reports.

OTB has been the topic of several other reports. Jefferies Financial Group lowered shares of On The Beach Group to a “hold” rating and dropped their price target for the stock from GBX 490 ($6.03) to GBX 330 ($4.06) in a research report on Friday, June 12th. Peel Hunt reaffirmed a “buy” rating and set a GBX 400 ($4.92) price target on shares of On The Beach Group in a research report on Tuesday, June 2nd. Berenberg Bank increased their price objective on shares of On The Beach Group from GBX 280 ($3.45) to GBX 400 ($4.92) and gave the company a “buy” rating in a research report on Tuesday, June 2nd. Peel Hunt reissued a “buy” rating on shares of On The Beach Group in a research report on Monday. Finally, Liberum Capital reissued a “buy” rating on shares of On The Beach Group in a research report on Tuesday. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of GBX 393.33 ($4.84).

LON OTB opened at GBX 294.50 ($3.62) on Wednesday. The company has a current ratio of 1.29, a quick ratio of 0.99 and a debt-to-equity ratio of 7.61. The firm’s fifty day moving average price is GBX 280.01 and its two-hundred day moving average price is GBX 333.46. On The Beach Group has a 1 year low of GBX 112.60 ($1.39) and a 1 year high of GBX 500 ($6.15). The firm has a market capitalization of $475.23 million and a P/E ratio of 24.75.

About On The Beach Group

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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