OSB Group (LON:OSB) Downgraded by Deutsche Bank Aktiengesellschaft to “Hold”

Deutsche Bank Aktiengesellschaft cut shares of OSB Group (LON:OSB) to a hold rating in a research note issued to investors on Friday, Marketbeat.com reports. Deutsche Bank Aktiengesellschaft currently has GBX 660 price target on the stock, up from their previous price target of GBX 650.

Other equities analysts have also issued research reports about the company. Shore Capital reiterated a “buy” rating and set a GBX 665 target price on shares of OSB Group in a research note on Friday, December 19th. Peel Hunt reaffirmed a “hold” rating and issued a GBX 564 price objective on shares of OSB Group in a report on Thursday, November 13th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, OSB Group has an average rating of “Moderate Buy” and a consensus target price of GBX 631.

OSB Group Stock Performance

Shares of OSB opened at GBX 625 on Friday. The firm’s 50-day simple moving average is GBX 603.14 and its 200 day simple moving average is GBX 569.71. The firm has a market cap of £2.22 billion, a P/E ratio of 9.08 and a beta of 1.41. OSB Group has a 52 week low of GBX 360.60 and a 52 week high of GBX 647.50.

OSB Group Company Profile

OSB Group Plc, through its subsidiaries, operates as a specialist mortgage lending and retail savings company in the United Kingdom and the Channel Islands. It provides private rented sector related buy-to-let, commercial and semi-commercial mortgages, residential development finance, secured funding, bridging, and asset finance services. The company also provides buy-to-let and specialist residential mortgages, mortgage servicing, administration and analytical, mortgage originator and servicer, and retail savings products; and back office processing services.