The On The Beach Group PLC (LON:OTB) share price has risen by 3.92% over the past month and it’s currently trading at 272.5302. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.
According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, On The Beach currently has:
- 6 Buy recommendations
- 1 Hold recommendations
- 0 Sell recommendations
This suggests that analysts are generally positive about the outlook.
Going beyond analyst recommendations
At its current price of 272.5302, shares in On The Beach are trading at a discount of -47.0% to its 52 week high price. The 1-year performance of the shares has been -39.8%.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of On The Beach it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with On The Beach that you can find out about here.
Alternatively, if you'd like to find more shares that analysts are bullish about, you can find them on this Positive Momentum & Broker Buys screen.
Disclaimer: These articles are provided for information purposes only. The content is not intended to be a personal recommendation. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. The author has no position in the stocks mentioned, unless otherwise stated.