Citigroup Inc. Upgrades OneSavings Bank PLC (LON:OSB) to “Buy”
OneSavings Bank PLC (LON:OSB) was upgraded by stock analysts at Citigroup Inc. to a “buy” rating in a research report issued to clients and investors on Friday.
Other equities analysts have also recently issued reports about the stock. Peel Hunt cut shares of OneSavings Bank PLC to an “add” rating and boosted their target price for the company from GBX 485 ($6.33) to GBX 505 ($6.59) in a research report on Wednesday, May 24th. Jefferies Group LLC restated a “buy” rating and issued a GBX 512 ($6.69) target price on shares of OneSavings Bank PLC in a research report on Monday, June 12th. Investec restated a “buy” rating and issued a GBX 455 ($5.94) target price on shares of OneSavings Bank PLC in a research report on Tuesday, May 30th. Liberum Capital restated a “buy” rating and issued a GBX 495 ($6.46) target price on shares of OneSavings Bank PLC in a research report on Thursday, May 25th. Finally, Shore Capital restated a “buy” rating on shares of OneSavings Bank PLC in a research report on Monday, May 22nd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eleven have given a buy rating to the stock. OneSavings Bank PLC has a consensus rating of “Buy” and a consensus target price of GBX 431.33 ($5.63).
Shares of OneSavings Bank PLC (LON OSB) opened at 383.60 on Friday. The company’s market capitalization is GBX 932.46 million. OneSavings Bank PLC has a 52 week low of GBX 189.40 and a 52 week high of GBX 477.97. The firm’s 50-day moving average is GBX 386.70 and its 200 day moving average is GBX 390.80.
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In related news, insider Andrew Doman acquired 1,938 shares of the stock in a transaction that occurred on Tuesday, June 13th. The stock was acquired at an average cost of GBX 394 ($5.14) per share, for a total transaction of £7,635.72 ($9,970.91).
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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