OneSavings Bank Plc (OSB) Receives Consensus Recommendation of “Buy” from Brokerages
Shares of OneSavings Bank Plc (LON:OSB) have been given an average rating of “Buy” by the sixteen brokerages that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and thirteen have issued a buy recommendation on the company. The average 12 month price target among analysts that have covered the stock in the last year is GBX 460.92 ($6.20).
Several research analysts have recently commented on OSB shares. Liberum Capital cut their price objective on OneSavings Bank from GBX 495 ($6.66) to GBX 482 ($6.49) and set a “buy” rating for the company in a report on Friday, October 27th. Numis Securities reaffirmed a “reduce” rating and issued a GBX 330 ($4.44) target price on shares of OneSavings Bank in a research note on Thursday, August 24th. Credit Suisse Group upped their target price on OneSavings Bank from GBX 450 ($6.06) to GBX 460 ($6.19) and gave the stock an “outperform” rating in a research note on Thursday, September 7th. Peel Hunt reaffirmed an “add” rating and issued a GBX 445 ($5.99) target price on shares of OneSavings Bank in a research note on Monday, November 20th. Finally, Macquarie upped their target price on OneSavings Bank from GBX 388 ($5.22) to GBX 427 ($5.75) and gave the stock a “neutral” rating in a research note on Monday, October 23rd.
In other OneSavings Bank news, insider David Weymouth bought 13,178 shares of the firm’s stock in a transaction that occurred on Monday, October 9th. The stock was bought at an average price of GBX 379 ($5.10) per share, for a total transaction of £49,944.62 ($67,220.22). Also, insider April Talintyre sold 250,000 shares of the company’s stock in a transaction that occurred on Thursday, September 21st. The shares were sold at an average price of GBX 392 ($5.28), for a total value of £980,000 ($1,318,977.12).
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About OneSavings Bank
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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