Key Points
- Insider Shaun Morton purchased 991 shares of On the Beach Group on April 20 at an average price of GBX 185 per share, totaling £1,833.35.
- Analysts remain broadly positive with five Buys and one Hold, a consensus rating of “Moderate Buy” and a consensus target price of GBX 308 (individual targets include GBX 330 and GBX 345).
- Shares were trading down about 2.5%, opening at GBX 177, with a market cap of £256.48m, a P/E of 11.72 and a 12‑month range of GBX 152.20–304.50.
On the Beach Group plc (LON:OTB - Get Free Report) insider Shaun Morton acquired 991 shares of the stock in a transaction that occurred on Monday, April 20th. The shares were bought at an average cost of GBX 185 per share, for a total transaction of £1,833.35.
On the Beach Group Trading Down 2.5%
Shares of LON:OTB opened at GBX 177 on Thursday. The firm has a fifty day moving average of GBX 179.57 and a two-hundred day moving average of GBX 202.79. The company has a quick ratio of 0.83, a current ratio of 1.28 and a debt-to-equity ratio of 1.40. On the Beach Group plc has a 12-month low of GBX 152.20 and a 12-month high of GBX 304.50. The firm has a market capitalization of £256.48 million, a P/E ratio of 11.72, a price-to-earnings-growth ratio of 0.71 and a beta of 1.37.
Analysts Set New Price Targets
Several equities analysts recently weighed in on OTB shares. Berenberg Bank reaffirmed a "buy" rating and set a GBX 330 price objective on shares of On the Beach Group in a research report on Monday, January 19th. Shore Capital Group reaffirmed a "hold" rating on shares of On the Beach Group in a research report on Thursday, March 12th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 345 price objective on shares of On the Beach Group in a research report on Thursday, April 9th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of GBX 308.
Check Out Our Latest Research Report on On the Beach Group
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
