Buy to Let

The Credit Suisse Group Increases OneSavings Bank PLC (OSB) Price Target to GBX 370

OSB has been the topic of a number of other reports. Scotiabank restated an “outperform” rating on shares of OneSavings Bank PLC in a research note on Monday, October 31st. TD Securities restated a “hold” rating on shares of OneSavings Bank PLC in a research note on Monday, October 31st. Barclays PLC restated an “overweight” rating and issued a GBX 340 ($4.25) price objective on shares of OneSavings Bank PLC in a research note on Thursday, November 3rd. Peel Hunt boosted their price objective on OneSavings Bank PLC from GBX 270 ($3.37) to GBX 320 ($4.00) and gave the company an “add” rating in a research note on Wednesday, November 2nd. Finally, Panmure Gordon assumed coverage on OneSavings Bank PLC in a research note on Thursday. They issued a “buy” rating and a GBX 390 ($4.87) price objective on the stock. Two investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of GBX 343.80 ($4.30).

OneSavings Bank PLC (LON:OSB) had its price target lifted by equities research analysts at Credit Suisse Group from GBX 340 ($4.25) to GBX 370 ($4.62) in a note issued to investors on Thursday. The brokerage currently has an “outperform” rating on the stock. Credit Suisse Group’s target price indicates a potential upside of 0.74% from the stock’s previous close.

Shares of OneSavings Bank PLC (LON:OSB) opened at 375.60 on Thursday. The firm’s 50-day moving average is GBX 337.89 and its 200 day moving average is GBX 297.98. The company’s market capitalization is GBX 913.08 million. OneSavings Bank PLC has a 52-week low of GBX 173.20 and a 52-week high of GBX 380.43.

In other news, insider April Talintyre sold 200,000 shares of the business’s stock in a transaction dated Monday, December 5th. The stock was sold at an average price of GBX 313 ($3.91), for a total transaction of £626,000 ($782,304.42).

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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