OneSavings Bank PLC (OSB) Earns “Buy” Rating from Shore Capital
OneSavings Bank PLC (LON:OSB)‘s stock had its “buy” rating restated by research analysts at Shore Capital in a report issued on Thursday. They presently have a GBX 266 ($3.29) price target on the stock. Shore Capital’s price objective indicates a potential upside of 0.19% from the company’s previous close.
OSB has been the topic of a number of other reports. Peel Hunt reissued an “add” rating and set a GBX 270 ($3.34) price objective on shares of OneSavings Bank PLC in a report on Wednesday, August 24th. Numis Securities Ltd reissued a “buy” rating and set a GBX 252 ($3.12) price objective on shares of OneSavings Bank PLC in a report on Wednesday, August 24th. Barclays PLC reaffirmed an “equal weight” rating on shares of OneSavings Bank PLC in a research note on Tuesday, August 16th. Credit Suisse Group AG raised OneSavings Bank PLC to a “neutral” rating and decreased their price target for the stock from GBX 315 ($3.90) to GBX 270 ($3.34) in a research note on Wednesday, July 13th. Finally, Royal Bank Of Canada lifted their price target on OneSavings Bank PLC from GBX 290 ($3.59) to GBX 305 ($3.77) and gave the stock an “outperform” rating in a research note on Friday, September 23rd. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. OneSavings Bank PLC currently has an average rating of “Buy” and a consensus price target of GBX 309.78 ($3.83).
OneSavings Bank PLC (LON:OSB) opened at 265.70 on Thursday. OneSavings Bank PLC has a 12-month low of GBX 173.20 and a 12-month high of GBX 412.60. The company’s market capitalization is GBX 645.92 million. The firm’s 50 day moving average price is GBX 269.19 and its 200-day moving average price is GBX 267.91.
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The firm also recently announced a dividend, which will be paid on Friday, November 4th. Stockholders of record on Thursday, October 13th will be paid a dividend of GBX 2.90 ($0.04) per share. The ex-dividend date is Thursday, October 13th. This represents a dividend yield of 1.05%.
In other news, insider Andy Golding sold 36,138 shares of the business’s stock in a transaction that occurred on Wednesday, September 21st. The stock was sold at an average price of GBX 266 ($3.29), for a total transaction of £96,127.08 ($118,969.16). Also, insider Andrew Doman bought 15,000 shares of OneSavings Bank PLC stock in a transaction dated Monday, September 26th. The shares were acquired at an average cost of GBX 260 ($3.22) per share, for a total transaction of £39,000 ($48,267.33).
About OneSavings Bank PLC
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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