Buy to Let

OneSavings Bank PLC’s (LON:OSB) Outperform Rating Reaffirmed at Credit Suisse Group

OneSavings Bank PLC (LON:OSB)‘s stock had its “outperform” rating restated by equities researchers at Credit Suisse Group in a note issued to investors on Friday, June 30th. They presently have a GBX 450 ($5.86) target price on the stock. Credit Suisse Group’s price objective indicates a potential upside of 13.92% from the stock’s current price.

Several other research analysts have also recently commented on the company. Peel Hunt reissued a “buy” rating and set a GBX 485 ($6.32) price target on shares of OneSavings Bank PLC in a research report on Monday, March 27th. Jefferies Group LLC began 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 objective on the stock. Liberum Capital restated 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. Investec restated a “buy” rating and issued a GBX 455 ($5.93) price objective on shares of OneSavings Bank PLC in a research note on Tuesday, May 30th. Finally, Barclays PLC reiterated an “overweight” rating and set a GBX 515 ($6.71) target price on shares of OneSavings Bank PLC in a research note on Friday, March 17th. One 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 stock has an average rating of “Buy” and an average target price of GBX 431.33 ($5.62).

Shares of OneSavings Bank PLC (LON OSB) traded down 0.30% during trading on Friday, hitting GBX 395.00. 397,754 shares of the stock were exchanged. The firm has a 50 day moving average of GBX 383.46 and a 200-day moving average of GBX 392.89. OneSavings Bank PLC has a 12-month low of GBX 189.40 and a 12-month high of GBX 477.97. The company’s market cap is GBX 960.19 million.

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In other OneSavings Bank PLC news, insider Andrew Doman acquired 1,938 shares of the stock in a transaction dated Tuesday, June 13th. The stock was purchased at an average cost of GBX 394 ($5.13) per share, with a total value 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.

Analyst Recommendations for OneSavings Bank PLC (LON:OSB)

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