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

On the Beach Group plc (LON:OTB) has been assigned a consensus rating of “Moderate Buy” from the six ratings firms that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 308.

Several research firms have issued reports on OTB. Deutsche Bank Aktiengesellschaft increased their target price on On the Beach Group from GBX 320 to GBX 345 and gave the stock a “buy” rating in a research report on Tuesday, December 2nd. Berenberg Bank reissued a “buy” rating and set a GBX 330 price objective on shares of On the Beach Group in a report on Monday, January 19th. Peel Hunt reaffirmed a “buy” rating and set a GBX 350 target price on shares of On the Beach Group in a report on Tuesday, December 2nd. Shore Capital Group reissued a “hold” rating on shares of On the Beach Group in a report on Tuesday, December 2nd. Finally, Panmure Gordon restated a “buy” rating and issued a GBX 300 price objective on shares of On the Beach Group in a research report on Monday, November 24th.

On the Beach Group Stock Up 0.9%

Shares of OTB opened at GBX 200.54 on Monday. The stock has a fifty day moving average of GBX 217.03 and a 200-day moving average of GBX 229.14. On the Beach Group has a 52 week low of GBX 182 and a 52 week high of GBX 304.50. 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 has a market capitalization of £290.59 million, a price-to-earnings ratio of 13.28, a PEG ratio of 0.71 and a beta of 2.42.

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

Insider Activity

In other news, insider Jon Wormald purchased 8,317 shares of the firm’s stock in a transaction dated Wednesday, December 3rd. The shares were purchased at an average price of GBX 214 per share, with a total value of £17,798.38. Also, insider Zoe Harris acquired 10,357 shares of the stock in a transaction that occurred on Wednesday, December 3rd. The stock was acquired at an average price of GBX 214 per share, for a total transaction of £22,163.98. Insiders bought 32,012 shares of company stock worth $6,850,568 in the last three months. Corporate insiders own 9.03% of the company’s stock.

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.