Shares of OneSavings Bank PLC (LON:OSB) have been given a consensus recommendation of “Buy” by the seven brokerages that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is GBX 492.50 ($6.44).
A number of equities analysts have recently issued reports on the company. Numis Securities cut OneSavings Bank to an “add” rating and set a GBX 475 ($6.21) price objective for the company. in a report on Wednesday, May 15th. Jefferies Financial Group reiterated a “buy” rating on shares of OneSavings Bank in a report on Tuesday, April 9th. Finally, Peel Hunt reiterated a “buy” rating on shares of OneSavings Bank in a report on Tuesday, July 30th.
Shares of OSB traded down GBX 0.60 ($0.01) during midday trading on Tuesday, reaching GBX 332.40 ($4.34). The stock had a trading volume of 542,211 shares, compared to its average volume of 853,038. The business has a 50-day moving average price of GBX 366.19. OneSavings Bank has a 12-month low of GBX 327.40 ($4.28) and a 12-month high of GBX 458.80 ($6.00). The firm has a market capitalization of $814.94 million and a P/E ratio of 6.04.
OneSavings Bank Plc operates as a specialist lender and retail savings company in the United Kingdom and the Channel Islands. The company operates through two segments, Buy-to-Let/SME and Residential Mortgages. It offers fixed, notice, easy access, and regular savings products, including ISAs. The company also provides buy to let and commercial mortgages, as well as development loans to small and medium sized developers of residential property; first charge, second charge, and shared ownership residential mortgage loans; and personal and secured loans, as well as funding lines to non-bank finance companies secured against portfolios of financial assets, principally mortgages and leases.
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