OneSavings Bank (LON:OSB) Receives Overweight Rating from Barclays

Barclays reissued their overweight rating on shares of OneSavings Bank (LON:OSB) in a research note released on Thursday, ThisIsMoney.Co.Uk reports.

Other analysts have also issued research reports about the company. Jefferies Financial Group reiterated a buy rating on shares of OneSavings Bank in a research note on Monday, September 16th. Shore Capital reiterated a buy rating on shares of OneSavings Bank in a research note on Wednesday. Peel Hunt reiterated a buy rating on shares of OneSavings Bank in a research note on Wednesday. Finally, Royal Bank of Canada reiterated 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 note on Tuesday, October 8th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus target price of GBX 468.33 ($6.12).

LON:OSB traded up GBX 5 ($0.07) during midday trading on Thursday, hitting GBX 367.20 ($4.80). 703,304 shares of the company traded hands, compared to its average volume of 853,038. The firm’s fifty day moving average is GBX 364.67 and its 200-day moving average is GBX 371.89. 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 capitalization of $1.63 billion and a P/E ratio of 6.93.

About OneSavings Bank

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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Analyst Recommendations for OneSavings Bank (LON:OSB)

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