Citigroup Inc. upgraded shares of OneSavings Bank PLC (LON:OSB) to a buy rating in a research note released on Friday.
Other equities analysts have also issued research reports about the company. Peel Hunt lowered OneSavings Bank PLC to an add rating and raised their price objective for the company from GBX 485 ($6.33) to GBX 505 ($6.59) in a research report on Wednesday, May 24th. Jefferies Group LLC reissued a buy rating and set a GBX 512 ($6.69) price objective on shares of OneSavings Bank PLC in a research report on Monday, June 12th. Investec reissued a buy rating and set a GBX 455 ($5.94) price objective on shares of OneSavings Bank PLC in a research report on Tuesday, May 30th. Liberum Capital reissued a buy rating and set a GBX 495 ($6.46) price objective on shares of OneSavings Bank PLC in a research report on Thursday, May 25th. Finally, Shore Capital reissued a buy rating on shares of OneSavings Bank PLC in a research report on Monday, May 22nd. 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 stock. The company currently has a consensus rating of Buy and an average target price of GBX 431.33 ($5.63).
Shares of OneSavings Bank PLC (OSB) traded down 3.52% during mid-day trading on Friday, reaching GBX 383.60. 439,577 shares of the company’s stock were exchanged. The firm’s market capitalization is GBX 932.46 million. OneSavings Bank PLC has a one year low of GBX 189.40 and a one year high of GBX 477.97. The stock has a 50-day moving average of GBX 386.70 and a 200 day moving average of GBX 390.80.
COPYRIGHT VIOLATION WARNING: This report was originally published by Community Financial News and is the property of of Community Financial News. If you are viewing this report on another site, it was copied illegally and reposted in violation of United States and international trademark & copyright law. The original version of this report can be viewed at https://www.com-unik.info/2017/07/22/onesavings-bank-plc-lonosb-upgraded-to-buy-at-citigroup-inc.html.
In related news, insider Andrew Doman purchased 1,938 shares of the stock in a transaction dated Tuesday, June 13th. The stock was purchased 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.
What are top analysts saying about OneSavings Bank PLC? – Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts’ recommendations for for OneSavings Bank PLC and related companies.