OneSavings Bank PLC (OSB) Given Consensus Recommendation of “Buy” by Brokerages
Shares of OneSavings Bank PLC (LON:OSB) have earned a consensus recommendation of “Buy” from the nine ratings firms that are presently covering the company. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is GBX 301 ($3.67).
A number of research firms recently issued reports on OSB. Peel Hunt reiterated an “add” rating and set a GBX 270 ($3.29) price objective on shares of OneSavings Bank PLC in a report on Wednesday, August 24th. Numis Securities Ltd reiterated a “buy” rating and set a GBX 252 ($3.07) price objective on shares of OneSavings Bank PLC in a report on Wednesday, August 24th. Barclays PLC reiterated an “equal weight” rating on shares of OneSavings Bank PLC in a report on Tuesday, August 16th. Credit Suisse Group AG upgraded OneSavings Bank PLC to a “neutral” rating and decreased their price objective for the stock from GBX 315 ($3.84) to GBX 270 ($3.29) in a report on Wednesday, July 13th. Finally, Royal Bank Of Canada raised their price target on OneSavings Bank PLC from GBX 290 ($3.53) to GBX 305 ($3.72) and gave the company an “outperform” rating in a research note on Friday, September 23rd.
Shares of OneSavings Bank PLC (LON:OSB) traded down 3.23% on Monday, hitting GBX 266.60. The stock had a trading volume of 306,514 shares. The company’s market cap is GBX 648.10 million. The stock’s 50-day moving average price is GBX 268.97 and its 200 day moving average price is GBX 266.92. OneSavings Bank PLC has a 52 week low of GBX 173.20 and a 52 week high of GBX 412.60.
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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 of this dividend is Thursday, October 13th. This represents a dividend yield of 1.05%.
In related news, insider Andy Golding sold 36,138 shares of OneSavings Bank PLC stock in a transaction that occurred on Wednesday, September 21st. The stock was sold at an average price of GBX 266 ($3.24), for a total transaction of £96,127.08 ($117,156.71). Also, insider Andrew Doman purchased 15,000 shares of the company’s stock in a transaction that occurred on Monday, September 26th. The shares were purchased at an average cost of GBX 260 ($3.17) per share, with a total value of £39,000 ($47,531.99).
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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