On The Beach Group (LON:OTB)‘s stock had its “buy” rating reiterated by equities research analysts at Liberum Capital in a research report issued to clients and investors on Tuesday, Digital Look reports. They currently have a GBX 560 ($7.32) target price on the stock, up from their previous target price of GBX 550 ($7.19). Liberum Capital’s price objective suggests a potential upside of 27.68% from the company’s current price.
A number of other research analysts have also recently issued reports on OTB. Peel Hunt reiterated a “buy” rating on shares of On The Beach Group in a research note on Tuesday. Jefferies Financial Group reiterated a “buy” rating on shares of On The Beach Group in a research note on Tuesday, April 9th. Finally, Citigroup began coverage on On The Beach Group in a research note on Thursday, March 14th. They set a “buy” rating and a GBX 510 ($6.66) price objective for the company. Six investment analysts have rated the stock with a buy rating, On The Beach Group has an average rating of “Buy” and an average target price of GBX 568.83 ($7.43).
Shares of LON:OTB opened at GBX 438.61 ($5.73) on Tuesday. The firm has a market cap of $575.22 million and a price-to-earnings ratio of 26.58. On The Beach Group has a 12-month low of GBX 326 ($4.26) and a 12-month high of GBX 598 ($7.81).
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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