Buy to Let

OneSavings Bank PLC (OSB) Given Outperform Rating at Credit Suisse Group

OneSavings Bank PLC (LON:OSB)‘s stock had its “outperform” rating reiterated by stock analysts at Credit Suisse Group in a report released on Thursday, July 6th, StockTargetPrices.com reports. They currently have a GBX 450 ($5.86) price objective on the stock. Credit Suisse Group’s price objective indicates a potential upside of 13.58% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the company. Peel Hunt cut OneSavings Bank PLC to an “add” rating and boosted their price objective for the stock from GBX 485 ($6.32) to GBX 505 ($6.58) in a report on Wednesday, May 24th. Liberum Capital reiterated a “buy” rating and issued a GBX 395 ($5.15) price target on shares of OneSavings Bank PLC in a research note on Monday, March 13th. Jefferies Group LLC assumed coverage on OneSavings Bank PLC in a research note on Thursday, March 9th. They issued a “buy” rating and a GBX 512 ($6.67) price target for the company. Shore Capital restated a “buy” rating on shares of OneSavings Bank PLC in a research note on Thursday, March 16th. Finally, Panmure Gordon upped their target price on OneSavings Bank PLC from GBX 390 ($5.08) to GBX 485 ($6.32) and gave the stock a “buy” rating in a research note on Wednesday, May 3rd. One research analyst has rated the stock with a sell rating, two have given a hold rating and eleven have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of GBX 431.33 ($5.62).

OneSavings Bank PLC (OSB) traded down 0.40% during mid-day trading on Thursday, reaching GBX 396.20. 191,612 shares of the company were exchanged. The firm’s market capitalization is GBX 963.09 million. OneSavings Bank PLC has a 1-year low of GBX 189.40 and a 1-year high of GBX 477.97. The stock has a 50-day moving average of GBX 384.82 and a 200 day moving average of GBX 392.47.

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In related news, insider Andrew Doman acquired 1,938 shares of the firm’s stock in a transaction that occurred 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).

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.

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Analyst Recommendations for OneSavings Bank PLC (LON:OSB)

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