On The Beach Group PLC 23.3% potential upside indicated by Berenberg Bank

On The Beach Group PLC with ticker (LON:OTB) now has a potential upside of 23.3% according to Berenberg Bank.

OTB.L

Berenberg Bank set a target price of 180 GBX for the company, which when compared to the On The Beach Group PLC share price of 146 GBX at opening today (21/06/2024) indicates a potential upside of 23.3%. Trading has ranged between 81 (52 week low) and 182 (52 week high) with an average of 893,078 shares exchanging hands daily. The market capitalisation at the time of writing is £243,795,180.

On the Beach Group plc is a United Kingdom-based online retailer of short-haul beach holidays, primarily targeting customers in the United Kingdom under the On the Beach brand. The Company operates through four segments: OTB, International, CCH and CPH. The OTB segment conducts its activity through the United Kingdom Websites, such as www.onthebeach.co.uk, www.sunshine.co.uk and www.onthebeachtransfers.co.uk. The International segment conducts its activity through Swedish, Norwegian and Danish Websites, such as www.eBeach.se, www.eBeach.no and www.eBeach.dk. The CCH segment conducts its activity through the Tour Operator, Classic Collection Holidays Limited and subsidiaries. The CPH segment conducts its activity through the Classic Package Holidays online business to business portal. The Company’s technology platform enables customers to package the constituent components of their holiday, including flights, hotels, and transfers to build custom-made holidays.