OneSavings Bank PLC (OSB) Given Buy Rating at Shore Capital
OneSavings Bank PLC (LON:OSB)‘s stock had its “buy” rating reaffirmed by equities research analysts at Shore Capital in a research report issued on Thursday. They presently have a GBX 266 ($3.29) target price on the stock. Shore Capital’s price objective would suggest a potential upside of 0.19% from the company’s previous close.
Other research analysts have also issued research reports about the company. Peel Hunt reissued an “add” rating and issued a GBX 270 ($3.34) target price on shares of OneSavings Bank PLC in a report on Monday, August 15th. Investec reissued a “buy” rating on shares of OneSavings Bank PLC in a report on Thursday, August 25th. Numis Securities Ltd reissued a “buy” rating and issued a GBX 252 ($3.12) target price on shares of OneSavings Bank PLC in a report on Wednesday, August 24th. Finally, Barclays PLC restated an “equal weight” rating on shares of OneSavings Bank PLC in a research note on Tuesday, August 16th. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of GBX 309.78 ($3.83).
Shares of OneSavings Bank PLC (LON:OSB) opened at 267.00 on Thursday. The stock’s 50 day moving average is GBX 269.19 and its 200-day moving average is GBX 267.91. OneSavings Bank PLC has a 52 week low of GBX 173.20 and a 52 week high of GBX 412.60. The stock’s market capitalization is GBX 649.08 million.
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The company also recently announced a dividend, which will be paid on Friday, November 4th. Shareholders of record on Thursday, October 13th will be given a dividend of GBX 2.90 ($0.04) per share. The ex-dividend date is Thursday, October 13th. This represents a yield of 1.05%.
In other news, insider Andrew Doman bought 15,000 shares of the firm’s stock in a transaction on Monday, September 26th. The shares were bought at an average cost of GBX 260 ($3.22) per share, for a total transaction of £39,000 ($48,267.33). Also, insider Andy Golding sold 36,138 shares of the business’s stock in a transaction on Wednesday, September 21st. The stock was sold at an average price of GBX 266 ($3.29), for a total value of £96,127.08 ($118,969.16).
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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