OneSavings Bank PLC (LON:OSB) was upgraded by research analysts at Barclays PLC to an “overweight” rating in a report issued on Tuesday. The firm presently has a GBX 340 ($4.44) price objective on the stock, up from their previous price objective of GBX 235 ($3.07). Barclays PLC’s target price would suggest a potential upside of 16.64% from the company’s current price.
Other research analysts also recently issued reports about the company. Peel Hunt reissued a “buy” rating and issued a GBX 390 ($5.09) price objective on shares of OneSavings Bank PLC in a research note on Wednesday, June 22nd. Credit Suisse Group AG raised OneSavings Bank PLC to a “neutral” rating and dropped their price objective for the company from GBX 315 ($4.11) to GBX 270 ($3.52) in a research note on Wednesday, July 13th. Numis Securities Ltd reissued a “buy” rating and issued a GBX 252 ($3.29) price objective on shares of OneSavings Bank PLC in a research note on Wednesday, August 24th. Shore Capital reissued a “buy” rating on shares of OneSavings Bank PLC in a research note on Monday, June 6th. Finally, Royal Bank Of Canada boosted their price objective on OneSavings Bank PLC from GBX 290 ($3.79) to GBX 305 ($3.98) and gave the company an “outperform” rating in a research note on Friday, September 23rd. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. OneSavings Bank PLC has a consensus rating of “Buy” and a consensus price target of GBX 315.25 ($4.11).
OneSavings Bank PLC (LON:OSB) opened at 290.344 on Tuesday. The firm has a 50-day moving average price of GBX 262.51 and a 200-day moving average price of GBX 268.95. OneSavings Bank PLC has a 1-year low of GBX 173.20 and a 1-year high of GBX 412.60. The company’s market capitalization is GBX 705.83 million.
The firm also recently disclosed a dividend, which will be paid on Friday, November 4th. Stockholders of record on Thursday, October 13th will be paid a GBX 2.90 ($0.04) dividend. This represents a dividend yield of 1.05%. The ex-dividend date of this dividend is Thursday, October 13th.
In related news, insider Andy Golding sold 36,138 shares of the company’s stock in a transaction that occurred on Wednesday, September 21st. The stock was sold at an average price of GBX 266 ($3.47), for a total transaction of £96,127.08 ($125,475.89). Also, insider Andrew Doman purchased 85,499 shares of the company’s stock in a transaction that occurred on Tuesday, September 27th. The shares were purchased at an average cost of GBX 261 ($3.41) per share, for a total transaction of £223,152.39 ($291,283.63).
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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