Several other research firms have also issued reports on OTB. Numis Securities reissued a buy rating and issued a GBX 456 ($6.11) price target on shares of On the Beach Group in a research report on Monday, October 2nd. Berenberg Bank increased their price target on shares of On the Beach Group from GBX 470 ($6.29) to GBX 520 ($6.96) and gave the stock a buy rating in a research report on Friday, November 10th. Five analysts have rated the stock with a buy rating, The company currently has an average rating of Buy and an average target price of GBX 476.80 ($6.39).
On the Beach Group (OTB) opened at GBX 455.50 ($6.10) on Thursday. On the Beach Group has a 52-week low of GBX 3.95 ($0.05) and a 52-week high of GBX 482.50 ($6.46).
The firm also recently declared a dividend, which will be paid on Thursday, February 15th. Investors of record on Thursday, January 11th will be given a GBX 1.90 ($0.03) dividend. This represents a yield of 0.42%. The ex-dividend date is Thursday, January 11th. This is a positive change from On the Beach Group’s previous dividend of $0.90.
In related news, insider Kirsteen Vickerstaff sold 7,021 shares of the stock in a transaction dated Friday, October 27th. The shares were sold at an average price of GBX 427 ($5.72), for a total value of £29,979.67 ($40,149.55). Insiders purchased 72 shares of company stock valued at $30,070 in the last three months.
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About On the Beach Group
On the Beach Group plc is a United Kingdom-based online travel agent. The Company operates in two segments: Core and International. The Company’s core segment conducts its activity through the United Kingdom Website (UK). The Company’s international segment conducts its activity through Swedish Website (eBeach.se).
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