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An announcement from On The Beach ( (GB:OTB) ) is now available.
On the Beach Group PLC announced a correction to a previous notification regarding a transaction by a Person Discharging Managerial Responsibilities (PDMR). The amendment clarified that the transaction involved the sale, rather than the purchase, of ordinary shares by Jennie Cronin, the Chief People Officer. This update may influence stakeholders’ perception of the company’s stock activities and managerial decisions.
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.
On The Beach’s strong financial health and positive corporate actions are its primary strengths. However, the revenue decline and high valuation metrics are significant concerns. Mixed technical indicators suggest potential consolidation, but corporate confidence provides some support.
To see Spark’s full report on GB:OTB stock, click here.
More about On The Beach
On the Beach Group PLC operates in the travel industry, primarily offering beach holiday packages. The company focuses on providing affordable and convenient travel options for customers looking for beach vacations.
Average Trading Volume: 812,660
Technical Sentiment Signal: Buy
Current Market Cap: £389.6M
See more data about OTB stock on TipRanks’ Stock Analysis page.