The On The Beach (LON:OTB) share price has risen by 20.6% over the past month and it’s currently trading at 454.3p. 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.
Interestingly, at its current price, shares in On The Beach are trading at a discount of -8.12% to its 52 week high price. The 1-year performance of the shares has been 10.4%.
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.
There are all sorts of factors that could affect On The Beach's share price this year – we simplify them into easy to understand scores with our Stockopedia StockReport. Click here to take a look at the StockReport for On The Beach – you might discover some surprising things you didn’t know.