Several other research analysts also recently commented on the stock. Numis Securities reaffirmed a buy rating and issued a GBX 552 ($7.63) price target on shares of On The Beach Group in a research note on Thursday, November 30th. Berenberg Bank raised their price target on shares of On The Beach Group from GBX 470 ($6.49) to GBX 520 ($7.18) and gave the company a buy rating in a report on Friday, November 10th.
On The Beach Group (LON OTB) opened at GBX 576 ($7.96) on Monday. On The Beach Group has a 12-month low of GBX 3.95 ($0.05) and a 12-month high of GBX 590 ($8.15). The firm has a market cap of $751.30 and a price-to-earnings ratio of 4,114.29.
In related news, insider Paul Meehan bought 22,222 shares of the stock in a transaction that occurred on Thursday, December 21st. The stock was bought at an average cost of GBX 450 ($6.22) per share, for a total transaction of £99,999 ($138,158.33). Insiders purchased a total of 22,261 shares of company stock valued at $10,020,111 over the last quarter.
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On The Beach Group Company Profile
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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