OSB Group (LON:OSB) Insider Enrique Alvarez Labiano Sells 212,494 Shares of Stock

OSB Group Plc (LON:OSB) insider Enrique Alvarez Labiano sold 212,494 shares of the firm’s stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of GBX 507, for a total value of £1,077,344.58.

OSB Group Price Performance

Shares of OSB stock opened at GBX 508.50 on Tuesday. The company has a market cap of £1.71 billion, a price-to-earnings ratio of 6.82 and a beta of 1.05. The stock has a 50 day simple moving average of GBX 523.33 and a 200-day simple moving average of GBX 526.68. OSB Group Plc has a 1-year low of GBX 479 and a 1-year high of GBX 647.50.

OSB Group (LON:OSB) last announced its earnings results on Thursday, August 6th. The company reported GBX 38.80 earnings per share (EPS) for the quarter. OSB Group had a return on equity of 13.06% and a net margin of 15.38%. Analysts anticipate that OSB Group Plc will post 85.1214128 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on OSB shares. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 720 price objective on shares of OSB Group in a report on Wednesday, September 2nd. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 750 target price on shares of OSB Group in a research report on Tuesday, September 1st. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on OSB Group from GBX 660 to GBX 615 and set a “hold” rating on the stock in a research note on Friday, August 21st. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 665.80.

About OSB Group

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.