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The latest update is out from On The Beach ( (GB:OTB) ).
On The Beach Group PLC has announced a change in its major holdings, with Liontrust Investment Partners LLP acquiring or disposing of voting rights. The notification indicates that Liontrust now holds a total of 5.0687% voting rights in the company, reflecting a slight increase from previous holdings. This change in holdings may impact the company’s governance and strategic decisions, as it reflects a shift in stakeholder influence.
The most recent analyst rating on (GB:OTB) stock is a Buy with a £2.50 price target. To see the full list of analyst forecasts on On The Beach stock, see the GB:OTB Stock Forecast page.
Spark’s Take on GB:OTB Stock
According to Spark, TipRanks’ AI Analyst, GB:OTB is a Neutral.
The financial stability and positive corporate events support the stock’s outlook, though the high P/E ratio suggests potential overvaluation. Technical indicators show neutral momentum, balancing the risks and strengths.
To see Spark’s full report on GB:OTB stock, click here.
More about On The Beach
On The Beach Group PLC is a UK-based company operating in the travel industry, primarily offering beach holiday packages. The company focuses on providing affordable and convenient travel options to customers, leveraging its online platform to reach a broad market.
Average Trading Volume: 712,724
Technical Sentiment Signal: Buy
Current Market Cap: £401.4M
For detailed information about OTB stock, go to TipRanks’ Stock Analysis page.