On The Beach Group’s (OTB) “Buy” Rating Reiterated at Peel Hunt

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On The Beach Group (LON:OTB)‘s stock had its “buy” rating restated by Peel Hunt in a report released on Wednesday, October 3rd.

A number of other research analysts have also issued reports on the company. Numis Securities upgraded On The Beach Group to a “buy” rating in a research report on Thursday, June 7th. Berenberg Bank lifted their target price on On The Beach Group from GBX 600 ($7.84) to GBX 630 ($8.23) and gave the company a “buy” rating in a research note on Thursday, August 23rd.

Shares of OTB traded down GBX 23.50 ($0.31) during mid-day trading on Wednesday, hitting GBX 421.50 ($5.51). The stock had a trading volume of 274,373 shares, compared to its average volume of 371,885. On The Beach Group has a fifty-two week low of GBX 3.95 ($0.05) and a fifty-two week high of GBX 600 ($7.84).

About On The Beach Group

On the Beach Group plc operates as an online retailer of package holidays to short-haul beach holidays under the On the Beach brand name. The company provides its services through onthebeach.co.uk, sunshine.co.uk, and onthebeachtransfers.co.uk Websites in the United Kingdom. It also provides its services through eBeach.se Website in Sweden, as well as through eBeach.no Website in Norway.

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