On The Beach Group (OTB) Earns Buy Rating from Analysts at Liberum Capital
Liberum Capital assumed coverage on shares of On The Beach Group (LON:OTB) in a research report sent to investors on Wednesday morning. The firm issued a buy rating and a GBX 560 ($7.32) price objective on the stock.
A number of other equities analysts have also recently issued reports on OTB. Peel Hunt restated a buy rating on shares of On The Beach Group in a report on Thursday, January 10th. Jefferies Financial Group assumed coverage on On The Beach Group in a report on Monday, January 28th. They issued a buy rating and a GBX 500 ($6.53) target price on the stock. Six research analysts have rated the stock with a buy rating, On The Beach Group currently has a consensus rating of Buy and an average target price of GBX 568.83 ($7.43).
Shares of LON OTB opened at GBX 462.50 ($6.04) on Wednesday. The firm has a market capitalization of $606.56 million and a P/E ratio of 28.03. On The Beach Group has a 52-week low of GBX 326 ($4.26) and a 52-week high of GBX 650 ($8.49).
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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