Shore Capital Reaffirms Buy Rating for OneSavings Bank PLC (OSB)
Several other equities analysts have also recently weighed in on the company. Peel Hunt raised their price target on OneSavings Bank PLC from GBX 435 ($5.72) to GBX 445 ($5.85) and gave the company an add rating in a report on Wednesday. Liberum Capital cut their price target on OneSavings Bank PLC from GBX 495 ($6.51) to GBX 482 ($6.34) and set a buy rating for the company in a report on Friday, October 27th. Macquarie raised their price target on OneSavings Bank PLC from GBX 388 ($5.10) to GBX 427 ($5.62) and gave the company a neutral rating in a report on Monday, October 23rd. Jefferies Group LLC restated a buy rating and set a GBX 512 ($6.73) price target on shares of OneSavings Bank PLC in a report on Monday, October 16th. Finally, Credit Suisse Group raised their price target on OneSavings Bank PLC from GBX 450 ($5.92) to GBX 460 ($6.05) and gave the company an outperform rating in a report on Thursday, September 7th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and twelve have issued a buy rating to the company. The company presently has an average rating of Buy and an average target price of GBX 453.42 ($5.96).
OneSavings Bank PLC (LON:OSB) traded down GBX 3.30 ($0.04) during midday trading on Wednesday, reaching GBX 395 ($5.20). The company’s stock had a trading volume of 450,043 shares, compared to its average volume of 725,301. OneSavings Bank PLC has a fifty-two week low of GBX 293.20 ($3.86) and a fifty-two week high of GBX 477.97 ($6.29).
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The business also recently disclosed a dividend, which was paid on Friday, November 3rd. Stockholders of record on Thursday, October 12th were paid a GBX 3.50 ($0.05) dividend. This represents a dividend yield of 0.88%. The ex-dividend date of this dividend was Thursday, October 12th.
In other OneSavings Bank PLC news, insider David Weymouth purchased 13,178 shares of the firm’s stock in a transaction that occurred on Monday, October 9th. The stock was purchased at an average cost of GBX 379 ($4.98) per share, with a total value of £49,944.62 ($65,690.67). Also, insider April Talintyre sold 250,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 21st. The stock was sold at an average price of GBX 392 ($5.16), for a total value of £980,000 ($1,288,964.88).
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.
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