Buy to Let

OneSavings Bank PLC (LON:OSB) Earns Outperform Rating from Credit Suisse Group

OneSavings Bank PLC (LON:OSB)‘s stock had its “outperform” rating reiterated by research analysts at Credit Suisse Group in a research note issued on Friday, June 30th. They presently have a GBX 450 ($5.88) target price on the stock. Credit Suisse Group’s price objective would suggest a potential upside of 13.18% from the stock’s current price.

Several other equities analysts have also weighed in on the stock. Peel Hunt lowered shares of OneSavings Bank PLC to an “add” rating and increased their price objective for the company from GBX 485 ($6.33) to GBX 505 ($6.59) in a report on Wednesday, May 24th. Liberum Capital restated a “buy” rating and issued a GBX 395 ($5.16) price objective on shares of OneSavings Bank PLC in a report on Monday, March 13th. Jefferies Group LLC started coverage on shares of OneSavings Bank PLC in a report on Thursday, March 9th. They issued a “buy” rating and a GBX 512 ($6.69) target price on the stock. Shore Capital reiterated a “buy” rating on shares of OneSavings Bank PLC in a report on Thursday, March 16th. Finally, Panmure Gordon increased their target price on shares of OneSavings Bank PLC from GBX 390 ($5.09) to GBX 485 ($6.33) and gave the stock a “buy” rating in a report on Wednesday, May 3rd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 431.33 ($5.63).

Shares of OneSavings Bank PLC (OSB) opened at 386.80 on Friday. OneSavings Bank PLC has a 52-week low of GBX 189.40 and a 52-week high of GBX 477.97. The firm has a 50-day moving average price of GBX 386.79 and a 200-day moving average price of GBX 390.85. The stock’s market cap is GBX 940.24 million.

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In other news, insider Andrew Doman acquired 1,938 shares of the firm’s stock in a transaction dated Tuesday, June 13th. The stock was bought at an average price of GBX 394 ($5.14) per share, with a total value of £7,635.72 ($9,970.91).

About OneSavings Bank PLC

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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