On the Beach Group plc (LON:OTB) Given Average Rating of “Buy” by Brokerages

On the Beach Group plc (LON:OTB) has been given a consensus recommendation of “Buy” by the seven analysts that are currently covering the firm, MarketBeat.com reports. Seven investment analysts have rated the stock with a buy recommendation. The average 12 month price target among analysts that have issued ratings on the stock in the last year is GBX 283.43.

Several brokerages recently commented on OTB. Shore Capital Group raised shares of On the Beach Group to a “buy” rating and set a GBX 210 price objective for the company in a research note on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft cut their price target on shares of On the Beach Group from GBX 345 to GBX 314 and set a “buy” rating for the company in a report on Wednesday, May 13th. Berenberg Bank reduced their price target on shares of On the Beach Group from GBX 330 to GBX 280 and set a “buy” rating for the company in a research report on Monday, May 18th. Canaccord Genuity Group decreased their price target on shares of On the Beach Group from GBX 293 to GBX 240 and set a “buy” rating on the stock in a report on Wednesday, May 13th. Finally, Royal Bank Of Canada lowered their price objective on On the Beach Group from GBX 305 to GBX 290 and set an “outperform” rating on the stock in a research report on Tuesday, May 19th.

On the Beach Group Price Performance

OTB stock opened at GBX 177.20 on Thursday. The company has a quick ratio of 0.83, a current ratio of 1.21 and a debt-to-equity ratio of 23.85. The firm has a market capitalization of £255.67 million, a PE ratio of 15.02, a PEG ratio of 0.71 and a beta of 1.29. On the Beach Group has a twelve month low of GBX 129.40 and a twelve month high of GBX 297. The stock has a 50-day simple moving average of GBX 159.82 and a two-hundred day simple moving average of GBX 179.73.

On the Beach Group (LON:OTB) last announced its quarterly earnings results on Tuesday, May 12th. The company reported GBX 1.20 earnings per share for the quarter. On the Beach Group had a return on equity of 2.40% and a net margin of 3.11%.The firm had revenue of GBX 5,220 million for the quarter. On average, equities analysts predict that On the Beach Group will post 17.3349938 EPS for the current fiscal 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. Our model is customer-centric, asset light, profitable and cash generative.