On the Beach Group plc (LON:OTB) Stock Has Consensus Target Price of GBX 279.14 According to Brokerages

Shares of On the Beach Group plc (LON:OTB) have received a consensus rating of “Buy” from the seven ratings firms that are currently covering the company, Marketbeat reports. Seven analysts have rated the stock with a buy recommendation. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is GBX 279.14.

OTB has been the subject of a number of research reports. Shore Capital Group reiterated a “buy” rating and set a GBX 200 target price on shares of On the Beach Group in a report on Thursday, September 24th. Canaccord Genuity Group cut their price target on shares of On the Beach Group from GBX 240 to GBX 220 and set a “buy” rating on the stock in a report on Friday, September 25th.

On the Beach Group Stock Performance

Shares of LON:OTB opened at GBX 174.40 on Tuesday. The firm has a market capitalization of £248.74 million, a PE ratio of 14.78, a P/E/G ratio of 0.71 and a beta of 1.30. The company has a debt-to-equity ratio of 23.85, a current ratio of 1.21 and a quick ratio of 0.83. The business has a 50-day moving average of GBX 182.87 and a two-hundred day moving average of GBX 170.72. On the Beach Group has a 12 month low of GBX 129.40 and a 12 month high of GBX 234.

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.