OneSavings Bank (OSB) Receives “Buy” Rating from Peel Hunt
OneSavings Bank (LON:OSB)‘s stock had its “buy” rating restated by equities researchers at Peel Hunt in a research report issued to clients and investors on Friday.
Several other equities analysts have also recently commented on OSB. Royal Bank of Canada reiterated an “outperform” rating and set a GBX 470 ($6.14) target price on shares of OneSavings Bank in a research note on Friday, August 17th. Shore Capital restated a “buy” rating on shares of OneSavings Bank in a research note on Wednesday, September 5th. Finally, Numis Securities cut shares of OneSavings Bank to a “hold” rating in a research note on Thursday, August 23rd. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of GBX 493.67 ($6.45).
LON:OSB opened at GBX 336.40 ($4.40) on Friday. OneSavings Bank has a one year low of GBX 361.70 ($4.73) and a one year high of GBX 477.97 ($6.25).
About OneSavings Bank
OneSavings Bank Plc operates as a specialist lender and retail savings company in the United Kingdom and the Channel Islands. The company operates through two segments, Buy-to-Let/SME and Residential Mortgages. It offers fixed, notice, easy access, and regular savings products, including ISAs. The company also provides buy to let and commercial mortgages, as well as development loans to small and medium sized developers of residential property; first charge, second charge, and shared ownership residential mortgage loans; and personal and secured loans, as well as funding lines to non-bank finance companies secured against portfolios of financial assets, principally mortgages and leases.
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