Buy to Let

OneSavings Bank PLC’s (OSB) “Overweight” Rating Reaffirmed at Barclays PLC

Barclays PLC reiterated their overweight rating on shares of OneSavings Bank PLC (LON:OSB) in a research note issued to investors on Thursday morning. Barclays PLC currently has a GBX 490 ($6.34) price objective on the stock.

Other equities analysts have also issued reports about the company. Peel Hunt lowered OneSavings Bank PLC to an add rating and lifted their price objective for the stock from GBX 485 ($6.27) to GBX 505 ($6.53) in a research note on Wednesday, May 24th. Shore Capital reiterated a buy rating on shares of OneSavings Bank PLC in a research note on Friday, June 16th. Investec reiterated a buy rating and issued a GBX 455 ($5.88) price objective on shares of OneSavings Bank PLC in a research note on Wednesday, June 14th. Jefferies Group LLC reiterated a buy rating and issued a GBX 512 ($6.62) price objective on shares of OneSavings Bank PLC in a research note on Monday, June 12th. Finally, Liberum Capital reiterated a buy rating and issued a GBX 495 ($6.40) price objective on shares of OneSavings Bank PLC in a research note on Thursday, May 25th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have assigned a buy rating to the company. The stock has an average rating of Buy and a consensus price target of GBX 429.25 ($5.55).

Shares of OneSavings Bank PLC (LON:OSB) traded up 0.36% during midday trading on Thursday, reaching GBX 395.70. The company’s stock had a trading volume of 281,446 shares. The stock’s 50-day moving average is GBX 390.43 and its 200 day moving average is GBX 401.97. OneSavings Bank PLC has a 12 month low of GBX 247.32 and a 12 month high of GBX 477.97. The stock’s market capitalization is GBX 961.95 million.

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The company also recently declared a dividend, which will be paid on Friday, November 3rd. Investors of record on Thursday, October 12th will be paid a dividend of GBX 3.50 ($0.05) per share. The ex-dividend date is Thursday, October 12th. This represents a yield of 0.88%.

In related news, insider Andrew Doman acquired 1,938 shares of the stock in a transaction dated Tuesday, June 13th. The shares were bought at an average cost of GBX 394 ($5.10) per share, for a total transaction of £7,635.72 ($9,875.48).

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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