Credit Suisse Group Increases OneSavings Bank PLC (OSB) Price Target to GBX 460
OneSavings Bank PLC (LON:OSB) had its target price boosted by equities research analysts at Credit Suisse Group from GBX 450 ($5.81) to GBX 460 ($5.94) in a research report issued on Thursday, MarketBeat Ratings reports. The brokerage presently has an “outperform” rating on the stock. Credit Suisse Group’s price objective points to a potential upside of 17.47% from the stock’s current price.
Several other equities research analysts have also recently weighed in on the stock. Barclays PLC restated an “overweight” rating and issued a GBX 490 ($6.33) price target on shares of OneSavings Bank PLC in a research report on Thursday, August 31st. Shore Capital restated a “buy” rating on shares of OneSavings Bank PLC in a research report on Thursday, August 24th. Liberum Capital restated a “buy” rating and issued a GBX 495 ($6.39) price target on shares of OneSavings Bank PLC in a research report on Thursday, August 24th. Numis Securities Ltd restated a “reduce” rating and issued a GBX 330 ($4.26) price target on shares of OneSavings Bank PLC in a research report on Thursday, August 24th. Finally, Peel Hunt restated an “add” rating and issued a GBX 425 ($5.49) price target on shares of OneSavings Bank PLC in a research report on Thursday, August 24th. One research analyst has rated the stock with a sell rating, two have given a hold rating and eleven have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 430.92 ($5.57).
Shares of OneSavings Bank PLC (OSB) traded up 0.20% during midday trading on Thursday, hitting GBX 391.60. 278,687 shares of the stock traded hands. The firm has a 50-day moving average price of GBX 393.92 and a 200-day moving average price of GBX 403.88. The stock’s market capitalization is GBX 951.98 million. OneSavings Bank PLC has a 52 week low of GBX 247.32 and a 52 week high of GBX 477.97.
OneSavings Bank PLC (LON:OSB) last released its quarterly earnings data on Thursday, August 24th. The company reported $0.24 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.24. OneSavings Bank PLC had a net margin of 50.47% and a return on equity of 25.09%. On average, equities analysts predict that OneSavings Bank PLC will post $44.91 earnings per share for the current fiscal year.
In other news, insider Andrew Doman acquired 1,938 shares of the business’s stock in a transaction on Tuesday, June 13th. The shares were acquired at an average price of GBX 394 ($5.09) per share, for a total transaction of £7,635.72 ($9,861.45).
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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