On The Beach Group’s (OTB) “Buy” Rating Reiterated at Numis Securities

Numis Securities reiterated their buy rating on shares of On The Beach Group (LON:OTB) in a research note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports.

A number of other research analysts also recently weighed in on OTB. Liberum Capital reaffirmed a buy rating and issued a GBX 560 ($7.32) target price (up previously from GBX 550 ($7.19)) on shares of On The Beach Group in a research report on Tuesday. Peel Hunt reaffirmed a buy rating on shares of On The Beach Group in a research report on Tuesday. Finally, Jefferies Financial Group reaffirmed a buy rating on shares of On The Beach Group in a research report on Tuesday, April 9th. Six analysts have rated the stock with a buy rating, The stock currently has an average rating of Buy and an average target price of GBX 568.83 ($7.43).

On The Beach Group stock opened at GBX 441.80 ($5.77) on Tuesday. The firm has a market capitalization of $579.41 million and a P/E ratio of 25.39. On The Beach Group has a 1-year low of GBX 326 ($4.26) and a 1-year high of GBX 535 ($6.99). The company has a quick ratio of 0.89, a current ratio of 1.17 and a debt-to-equity ratio of 7.61.

The company also recently disclosed a dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, May 30th will be given a GBX 1.30 ($0.02) dividend. This represents a dividend yield of 0.3%. The ex-dividend date is Thursday, May 30th. On The Beach Group’s dividend payout ratio (DPR) is presently 0.17%.

In other news, insider Elaine O’Donnell acquired 2,267 shares of the firm’s stock in a transaction dated Thursday, May 16th. The stock was bought at an average price of GBX 439 ($5.74) per share, with a total value of £9,952.13 ($13,004.22).

About On The Beach Group

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

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