On the Beach Group (LON:OTB) Earns Buy Rating from Shore Capital Group

On the Beach Group (LON:OTB – Get Free Report)‘s stock had its “buy” rating reissued by Shore Capital Group in a report released on Thursday, Marketbeat.com reports. They currently have a GBX 200 price target on the stock. Shore Capital Group’s target price would suggest a potential upside of 14.29% from the company’s current price.

On the Beach Group Trading Up 7.2%

Shares of OTB stock traded up GBX 11.80 on Thursday, reaching GBX 175. 13,576,372 shares of the stock were exchanged, compared to its average volume of 1,544,109. The stock has a 50 day moving average price of GBX 183.15 and a 200 day moving average price of GBX 170.94. The stock has a market cap of £249.60 million, a PE ratio of 14.83, a P/E/G ratio of 0.71 and a beta of 1.29. On the Beach Group has a one year low of GBX 129.40 and a one year high of GBX 234. The company has a debt-to-equity ratio of 23.85, a current ratio of 1.21 and a quick ratio of 0.83.

On the Beach Group Company Profile

(Get Free Report)

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.

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

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