OneSavings Bank PLC (OSB) Earns Buy Rating from Shore Capital
Several other research analysts also recently weighed in on OSB. Peel Hunt restated an add rating and issued a GBX 270 ($3.29) price target on shares of OneSavings Bank PLC in a research note on Wednesday, September 14th. Numis Securities Ltd restated a buy rating and issued a GBX 252 ($3.07) price target on shares of OneSavings Bank PLC in a research note on Wednesday, August 24th. Royal Bank Of Canada upped their price target on OneSavings Bank PLC from GBX 290 ($3.53) to GBX 305 ($3.72) and gave the stock an outperform rating in a research note on Friday, September 23rd. Barclays PLC restated an equal weight rating on shares of OneSavings Bank PLC in a research note on Tuesday, August 16th. Finally, Credit Suisse Group AG upgraded OneSavings Bank PLC to a neutral rating and dropped their price target for the stock from GBX 315 ($3.84) to GBX 270 ($3.29) in a research note on Wednesday, July 13th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of Buy and an average price target of GBX 309.78 ($3.78).
Shares of OneSavings Bank PLC (LON:OSB) opened at 268.90 on Thursday. The company’s market cap is GBX 653.70 million. The company has a 50-day moving average of GBX 268.97 and a 200 day moving average of GBX 266.92. OneSavings Bank PLC has a 12-month low of GBX 173.20 and a 12-month high of GBX 412.60.
The business also recently declared a dividend, which will be paid on Friday, November 4th. Investors of record on Thursday, October 13th will be issued a dividend of GBX 2.90 ($0.04) per share. The ex-dividend date of this dividend is Thursday, October 13th. This represents a yield of 1.05%.
In related news, insider Andrew Doman purchased 15,000 shares of the firm’s stock in a transaction that occurred on Monday, September 26th. The shares were bought at an average price of GBX 260 ($3.17) per share, for a total transaction of £39,000 ($47,531.99). Also, insider Andy Golding sold 36,138 shares of the stock in a transaction on Wednesday, September 21st. The shares were sold at an average price of GBX 266 ($3.24), for a total value of £96,127.08 ($117,156.71).
OneSavings Bank PLC Company Profile
OneSavings Bank plc (OSB) is a United Kingdom-based lending and retail savings company. The Company operates through three segments: Buy-to-Let/SME, Residential Mortgages and Personal Loans. The Company provides Buy-to-Let mortgages secured on residential property held for investment purposes by experienced and professional landlords and commercial mortgages secured on commercial and semicommercial properties held for investment purposes or for owner occupation.
Receive News & Ratings for OneSavings Bank PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OneSavings Bank PLC and related companies with MarketBeat.com's FREE daily email newsletter.