Credit Suisse Group Reaffirms “Outperform” Rating for OneSavings Bank PLC (LON:OSB)
OneSavings Bank PLC (LON:OSB)‘s stock had its “outperform” rating reissued by Credit Suisse Group in a research report issued to clients and investors on Thursday, StockTargetPrices.com reports. They currently have a GBX 450 ($5.83) price objective on the stock. Credit Suisse Group’s target price would suggest a potential upside of 20.77% from the stock’s previous close.
A number of other equities research analysts also recently weighed in on OSB. Jefferies Group LLC initiated coverage on shares of OneSavings Bank PLC in a report on Thursday, March 9th. They issued a “buy” rating and a GBX 512 ($6.63) price target for the company. Liberum Capital reissued a “buy” rating and issued a GBX 395 ($5.12) price target on shares of OneSavings Bank PLC in a report on Monday, March 13th. Citigroup Inc. reissued a “neutral” rating and issued a GBX 410 ($5.31) price target on shares of OneSavings Bank PLC in a report on Wednesday, March 15th. Peel Hunt reissued a “buy” rating on shares of OneSavings Bank PLC in a report on Thursday, March 16th. Finally, Shore Capital reissued a “buy” rating on shares of OneSavings Bank PLC in a report on Thursday, March 16th. One analyst has rated the stock with a sell rating, three have issued a hold rating and ten have given a buy rating to the company. OneSavings Bank PLC presently has an average rating of “Buy” and an average price target of GBX 438 ($5.67).
OneSavings Bank PLC (LON OSB) traded down 0.27% during trading on Thursday, reaching GBX 372.60. 249,633 shares of the company’s stock traded hands. OneSavings Bank PLC has a 12 month low of GBX 176.19 and a 12 month high of GBX 477.97. The company has a 50-day moving average of GBX 415.02 and a 200 day moving average of GBX 387.11. The stock’s market capitalization is GBX 905.74 million.
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In related news, insider Andrew Doman acquired 1,938 shares of the business’s stock in a transaction on Tuesday, June 13th. The shares were purchased at an average price of GBX 394 ($5.10) per share, for a total transaction of £7,635.72 ($9,890.83).
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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