Citigroup has upgraded Onesavings Bank (LON:OSB) to Buy in a report released on 07/21/2017.
Previously on Wednesday July 05, 2017, Credit Suisse reported about Onesavings Bank (LON:OSB) held steady the target price at 450.00GBX. At the time, this indicated a possible upside of 0.20%.
Yesterday Onesavings Bank (LON:OSB) traded -1.61% lower at 405.50GBX. The company’s 50-day moving average is 386.79GBX and its 200-day moving average is 390.85GBX. The last stock close price is up 0.09% from the 200-day moving average, compared to the S&P 500 which has increased 0.07% over the same time. 35,184 shares of the stock were exchanged, down from an average trading volume of 1,026,390
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Onesavings Bank has a 52 week low of 189.40GBX and a 52 week high of 477.97GBX with a P/E ratio of 7.98 The company’s market cap is currently 0 GBX.
In addition to Citigroup reporting its target price, a total of 10 firms have reported on the stock. The consensus target price is 338.20GBX with 3 firms rating the stock a strong buy, 2 firms rating the stock a buy, 4 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Onesavings Bank (LON:OSB)
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. It also provides residential development finance to small and medium sized developers and secured funding lines to other lenders. The Company lends to owner-occupiers with a geographical bias towards London and the South East. OSB also offers bespoke residential first charge, second charge and shared ownership mortgages through specialist brokers. It also provides secured funding lines to other lenders. The Company also offers unsecured lending services.
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