On the Beach Group plc (LON:OTB) Stock Has Consensus Price Target of GBX 273.43 According to Brokerages

Shares of On the Beach Group plc (LON:OTB) have earned a consensus recommendation of “Buy” from the seven analysts that are presently covering the company, MarketBeat reports. Seven equities research analysts have rated the stock with a buy rating. The average 1-year price target among analysts that have issued ratings on the stock in the last year is GBX 273.43.

Several equities research analysts have recently commented on OTB shares. Shore Capital Group reissued a “buy” rating and issued a GBX 200 target price on shares of On the Beach Group in a research note on Thursday, September 24th. Canaccord Genuity Group cut their price target on On the Beach Group from GBX 240 to GBX 220 and set a “buy” rating on the stock in a research note on Friday, September 25th. Finally, Berenberg Bank decreased their price target on On the Beach Group from GBX 280 to GBX 240 and set a “buy” rating on the stock in a report on Thursday, October 8th.

Insider Activity

In other On the Beach Group news, insider Simon Cooper bought 500,000 shares of On the Beach Group stock in a transaction dated Wednesday, October 7th. The shares were bought at an average price of GBX 174 per share, with a total value of £870,000. Company insiders own 9.48% of the company’s stock.

On the Beach Group Stock Down 1.7%

LON:OTB opened at GBX 173.40 on Friday. The company has a market cap of £244.89 million, a price-to-earnings ratio of 14.69, a P/E/G ratio of 0.71 and a beta of 1.34. The company has a debt-to-equity ratio of 23.85, a quick ratio of 0.83 and a current ratio of 1.21. The stock’s fifty day moving average price is GBX 176 and its two-hundred day moving average price is GBX 177.87. On the Beach Group has a 52-week low of GBX 129.40 and a 52-week high of GBX 234.

On the Beach Group Company Profile

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.