On The Beach Group’s (OTB) “Buy” Rating Reaffirmed at Liberum Capital

Liberum Capital restated their buy rating on shares of On The Beach Group (LON:OTB) in a report issued on Tuesday, ThisIsMoney.Co.Uk reports.

A number of other equities analysts have also commented on the stock. Peel Hunt reaffirmed a buy rating and set a GBX 400 ($4.92) price target on shares of On The Beach Group in a research report on Tuesday, June 2nd. Jefferies Financial Group lowered shares of On The Beach Group to a hold rating and lowered their price target for the stock from GBX 490 ($6.03) to GBX 330 ($4.06) in a research report on Friday, June 12th. Berenberg Bank raised their price target on shares of On The Beach Group from GBX 280 ($3.45) to GBX 400 ($4.92) and gave the stock a buy rating in a research report on Tuesday, June 2nd. Citigroup lowered their price target on shares of On The Beach Group from GBX 500 ($6.15) to GBX 430 ($5.29) and set a buy rating on the stock in a research report on Tuesday, March 3rd. Finally, Peel Hunt reissued a buy rating on shares of On The Beach Group in a report on Monday. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. On The Beach Group has an average rating of Buy and an average price target of GBX 393.33 ($4.84).

LON:OTB opened at GBX 294.50 ($3.62) on Tuesday. On The Beach Group has a 52 week low of GBX 112.60 ($1.39) and a 52 week high of GBX 500 ($6.15). The firm has a market cap of $475.23 million and a price-to-earnings ratio of 24.75. The firm’s 50-day simple moving average is GBX 280.01 and its 200 day simple moving average is GBX 333.46. The company has a debt-to-equity ratio of 7.61, a quick ratio of 0.99 and a current ratio of 1.29.

About On The Beach Group

On the Beach Group plc operates as an online retailer of short-haul beach holidays under the On the Beach brand name. It operates through three segments: Core, B2B, and International. The company provides its services through onthebeach.co.uk, sunshine.co.uk, and onthebeachtransfers.co.uk Websites in the United Kingdom.

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Analyst Recommendations for On The Beach Group (LON:OTB)

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