OneSavings Bank PLC (OSB) Price Target Raised to GBX 427 at Macquarie
OneSavings Bank PLC (LON:OSB) had its target price boosted by analysts at Macquarie from GBX 388 ($5.16) to GBX 427 ($5.67) in a research note issued on Monday. The firm currently has a “neutral” rating on the stock. Macquarie’s price target points to a potential upside of 2.89% from the stock’s current price.
Other equities analysts also recently issued research reports about the stock. Shore Capital reissued a “buy” rating on shares of OneSavings Bank PLC in a research note on Thursday, August 24th. Citigroup Inc. raised shares of OneSavings Bank PLC to a “buy” rating in a research note on Friday, July 21st. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 450 ($5.98) price target on shares of OneSavings Bank PLC in a research note on Thursday, July 6th. Barclays PLC reaffirmed an “overweight” rating and set a GBX 490 ($6.51) price target on shares of OneSavings Bank PLC in a research note on Thursday, August 31st. Finally, Peel Hunt cut their price target on shares of OneSavings Bank PLC from GBX 505 ($6.71) to GBX 425 ($5.65) and set an “add” rating on the stock in a research note on Friday, July 21st. One analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of GBX 449.45 ($5.97).
OneSavings Bank PLC (LON:OSB) opened at 411.50 on Monday. The firm’s market capitalization is GBX 1.00 billion. The company has a 50 day moving average price of GBX 393.28 and a 200 day moving average price of GBX 403.25. OneSavings Bank PLC has a 52-week low of GBX 272.50 and a 52-week high of GBX 477.97.
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In related news, insider April Talintyre sold 250,000 shares of the company’s stock in a transaction on Thursday, September 21st. The stock was sold at an average price of GBX 392 ($5.21), for a total transaction of £980,000 ($1,302,152.54). Also, insider David Weymouth purchased 13,178 shares of the firm’s stock in a transaction that occurred on Monday, October 9th. The shares were bought at an average price of GBX 379 ($5.04) per share, with a total value of £49,944.62 ($66,362.77).
About OneSavings Bank PLC
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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