By Doug Wharley – 0 comments
Citigroup Inc. upgraded shares of OneSavings Bank PLC (LON:OSB) to a buy rating in a report published on Friday.
A number of other equities analysts have also commented on the stock. Peel Hunt cut their price target on shares of OneSavings Bank PLC from GBX 505 ($6.59) to GBX 425 ($5.55) and set an add rating on the stock in a report on Friday. Credit Suisse Group reiterated an outperform rating and set a GBX 450 ($5.88) price target on shares of OneSavings Bank PLC in a report on Thursday, July 6th. Numis Securities Ltd lowered shares of OneSavings Bank PLC to a reduce rating and cut their price target for the stock from GBX 394 ($5.14) to GBX 330 ($4.31) in a report on Monday, July 3rd. Macquarie reiterated a neutral rating and set a GBX 388 ($5.07) price target on shares of OneSavings Bank PLC in a report on Monday, July 3rd. Finally, Shore Capital reiterated a buy rating on shares of OneSavings Bank PLC in a report on Friday, June 16th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. OneSavings Bank PLC currently has a consensus rating of Buy and an average price target of GBX 431.33 ($5.63).
OneSavings Bank PLC (LON OSB) opened at 381.20 on Friday. The firm’s market cap is GBX 926.63 million. The stock has a 50 day moving average price of GBX 386.70 and a 200-day moving average price of GBX 390.80. OneSavings Bank PLC has a 1-year low of GBX 189.40 and a 1-year high of GBX 477.97.
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In related news, insider Andrew Doman acquired 1,938 shares of the company’s stock in a transaction dated Tuesday, June 13th. The shares were purchased at an average price of GBX 394 ($5.14) per share, for a total transaction of £7,635.72 ($9,970.91).
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.
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