Peel Hunt Trims OneSavings Bank PLC (OSB) Target Price to GBX 425
OneSavings Bank PLC (LON:OSB) had its price objective reduced by investment analysts at Peel Hunt from GBX 505 ($6.59) to GBX 425 ($5.55) in a research note issued on Friday. The firm currently has an “add” rating on the stock. Peel Hunt’s price target would indicate a potential upside of 10.79% from the stock’s current price.
A number of other equities analysts have also recently issued reports on OSB. Numis Securities Ltd cut OneSavings Bank PLC to a “reduce” rating and cut their price target for the stock from GBX 394 ($5.14) to GBX 330 ($4.31) in a report on Monday, July 3rd. Credit Suisse Group restated an “outperform” rating and set a GBX 450 ($5.88) price target on shares of OneSavings Bank PLC in a report on Thursday, July 6th. Investec restated a “buy” rating and set a GBX 455 ($5.94) price target on shares of OneSavings Bank PLC in a report on Wednesday, June 14th. Liberum Capital restated a “buy” rating and set a GBX 495 ($6.46) price target on shares of OneSavings Bank PLC in a report on Wednesday, May 3rd. Finally, Shore Capital restated a “buy” rating on shares of OneSavings Bank PLC in a report on Wednesday, May 3rd. One investment 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. The stock currently has a consensus rating of “Buy” and an average target price of GBX 431.33 ($5.63).
OneSavings Bank PLC (OSB) opened at 383.60 on Friday. The company’s market cap is GBX 932.46 million. The firm has a 50-day moving average of GBX 386.70 and a 200-day moving average of GBX 390.80. OneSavings Bank PLC has a 52 week low of GBX 189.40 and a 52 week high of GBX 477.97.
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In other news, insider Andrew Doman bought 1,938 shares of the business’s stock in a transaction that occurred on Tuesday, June 13th. The shares were bought 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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