OneSavings Bank PLC (LON:OSB) has been assigned an average recommendation of “Buy” from the seven analysts that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is GBX 468.33 ($6.12).
A number of equities research analysts have commented on the company. Shore Capital restated a “buy” rating on shares of OneSavings Bank in a research report on Monday, September 23rd. Royal Bank of Canada restated an “outperform” rating and issued a GBX 460 ($6.01) target price (down previously from GBX 510 ($6.66)) on shares of OneSavings Bank in a research report on Tuesday, October 8th. Peel Hunt lifted their target price on OneSavings Bank from GBX 460 ($6.01) to GBX 470 ($6.14) and gave the company a “buy” rating in a research report on Monday, August 19th. Finally, Jefferies Financial Group restated a “buy” rating on shares of OneSavings Bank in a research report on Monday, September 16th.
LON:OSB traded up GBX 10.40 ($0.14) on Thursday, reaching GBX 357.60 ($4.67). The company’s stock had a trading volume of 727,237 shares, compared to its average volume of 853,038. OneSavings Bank has a 12-month low of GBX 312.80 ($4.09) and a 12-month high of GBX 458.80 ($6.00). The firm has a market cap of $1.58 billion and a price-to-earnings ratio of 6.75. The stock has a 50 day moving average price of GBX 365.69 and a 200 day moving average price of GBX 374.97.
OneSavings Bank Company Profile
OneSavings Bank Plc operates as a specialist lender and retail savings company in the United Kingdom and the Channel Islands. The company operates through two segments, Buy-to-Let/SME and Residential Mortgages. It offers fixed, notice, easy access, and regular savings products, including ISAs. The company also provides buy to let and commercial mortgages, as well as development loans to small and medium sized developers of residential property; first charge, second charge, and shared ownership residential mortgage loans; and personal and secured loans, as well as funding lines to non-bank finance companies secured against portfolios of financial assets, principally mortgages and leases.
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