Buy to Let

OneSavings Bank PLC (LON:OSB) Earns Neutral Rating from Macquarie

OneSavings Bank PLC (LON:OSB)‘s stock had its “neutral” rating reaffirmed by investment analysts at Macquarie in a research note issued to investors on Monday, July 3rd. They presently have a GBX 388 ($5.05) price target on the stock. Macquarie’s target price suggests a potential upside of 0.21% from the company’s current price.

A number of other brokerages also recently weighed in on OSB. Peel Hunt downgraded shares of OneSavings Bank PLC to an “add” rating and upped their price target for the stock from GBX 485 ($6.32) to GBX 505 ($6.58) in a report on Wednesday, May 24th. Liberum Capital reissued a “buy” rating and issued a GBX 495 ($6.45) price objective on shares of OneSavings Bank PLC in a research note on Thursday, May 25th. Shore Capital reissued a “buy” rating on shares of OneSavings Bank PLC in a research note on Monday, May 22nd. Panmure Gordon increased their price objective on shares of OneSavings Bank PLC from GBX 390 ($5.08) to GBX 485 ($6.32) and gave the company a “buy” rating in a research note on Wednesday, May 3rd. Finally, Numis Securities Ltd reissued a “hold” rating and issued a GBX 394 ($5.13) price objective on shares of OneSavings Bank PLC in a research note on Wednesday, May 3rd. One analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have given a buy rating to the stock. OneSavings Bank PLC currently has a consensus rating of “Buy” and an average target price of GBX 431.33 ($5.62).

Shares of OneSavings Bank PLC (LON OSB) traded up 0.94% during trading on Monday, reaching GBX 387.20. The company had a trading volume of 340,969 shares. The company’s market cap is GBX 941.21 million. The firm has a 50-day moving average of GBX 386.70 and a 200-day moving average of GBX 390.80. OneSavings Bank PLC has a 12-month low of GBX 189.40 and a 12-month high of GBX 477.97.

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In related news, insider Andrew Doman purchased 1,938 shares of OneSavings Bank PLC stock in a transaction on Tuesday, June 13th. The stock was acquired at an average cost of GBX 394 ($5.13) per share, for a total transaction of £7,635.72 ($9,947.52).

OneSavings Bank PLC Company Profile

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.

Analyst Recommendations for OneSavings Bank PLC (LON:OSB)

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