On the Beach Group’s (OTB) “Hold” Rating Reiterated at Shore Capital

Shore Capital reissued their hold rating on shares of On the Beach Group (LON:OTB) in a report published on Tuesday morning, Marketbeat Ratings reports.

Other equities analysts also recently issued reports about the stock. Panmure Gordon reaffirmed a “buy” rating and set a GBX 300 target price on shares of On the Beach Group in a research note on Monday, November 24th. Peel Hunt reaffirmed a “buy” rating and set a GBX 350 price target on shares of On the Beach Group in a research report on Tuesday. Canaccord Genuity Group lowered their price objective on On the Beach Group from GBX 313 to GBX 293 and set a “buy” rating for the company in a research report on Thursday, September 25th. Finally, Berenberg Bank cut their target price on On the Beach Group from GBX 330 to GBX 300 and set a “buy” rating for the company in a research note on Tuesday, November 11th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, On the Beach Group has an average rating of “Moderate Buy” and an average target price of GBX 303.

On the Beach Group Stock Performance

LON OTB opened at GBX 213 on Tuesday. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.83 and a current ratio of 1.37. The stock’s fifty day moving average is GBX 210.77 and its two-hundred day moving average is GBX 252.02. The firm has a market capitalization of £315.89 million, a P/E ratio of 23.15, a price-to-earnings-growth ratio of 0.71 and a beta of 2.42. On the Beach Group has a fifty-two week low of GBX 182 and a fifty-two week high of GBX 304.50.

On the Beach Group (LON:OTB) last posted its quarterly earnings results on Tuesday, December 2nd. The company reported GBX 19 EPS for the quarter. On the Beach Group had a return on equity of 8.73% and a net margin of 8.66%. On average, research analysts anticipate that On the Beach Group will post 17.3349938 earnings per share for the current year.

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.