OneSavings Bank PLC (OSB) Receives “Buy” Rating from Investec
OneSavings Bank PLC (LON:OSB)‘s stock had its “buy” rating reaffirmed by research analysts at Investec in a report issued on Wednesday. They currently have a GBX 455 ($5.76) target price on the stock. Investec’s target price suggests a potential upside of 13.89% from the stock’s current price.
A number of other brokerages also recently issued reports on OSB. Citigroup Inc. reaffirmed a “neutral” rating and issued a GBX 410 ($5.19) price objective on shares of OneSavings Bank PLC in a research report on Wednesday, March 15th. Macquarie upped their price objective on shares of OneSavings Bank PLC from GBX 305 ($3.86) to GBX 388 ($4.91) and gave the stock a “neutral” rating in a research report on Thursday, April 20th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 495 ($6.26) price objective on shares of OneSavings Bank PLC in a research report on Thursday, May 25th. Credit Suisse Group upped their price objective on shares of OneSavings Bank PLC from GBX 340 ($4.30) to GBX 370 ($4.68) and gave the stock an “outperform” rating in a research report on Thursday, February 16th. Finally, Royal Bank Of Canada upped their price objective on shares of OneSavings Bank PLC from GBX 355 ($4.49) to GBX 445 ($5.63) and gave the stock an “outperform” rating in a research report on Thursday, March 16th. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of GBX 443.33 ($5.61).
Shares of OneSavings Bank PLC (LON OSB) traded up 0.28% during trading on Wednesday, hitting GBX 400.60. The stock had a trading volume of 277,603 shares. The company’s market capitalization is GBX 973.79 million. OneSavings Bank PLC has a 1-year low of GBX 173.20 and a 1-year high of GBX 477.97. The firm has a 50-day moving average of GBX 435.20 and a 200 day moving average of GBX 382.76.
The business also recently announced a dividend, which was paid on Wednesday, May 17th. Shareholders of record on Thursday, March 30th were paid a GBX 7.60 ($0.10) dividend. This represents a yield of 1.88%. This is a boost from OneSavings Bank PLC’s previous dividend of $2.90. The ex-dividend date was Thursday, March 30th.
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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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