OneSavings Bank PLC’s (OSB) Reduce Rating Reiterated at Numis Securities Ltd
Numis Securities Ltd restated their reduce rating on shares of OneSavings Bank PLC (LON:OSB) in a research report sent to investors on Thursday morning, MarketBeat Ratings reports. The firm currently has a GBX 330 ($4.28) target price on the stock.
Several other research analysts have also recently issued reports on OSB. Peel Hunt reaffirmed a buy rating and issued a GBX 485 ($6.30) target price on shares of OneSavings Bank PLC in a report on Wednesday, May 3rd. Liberum Capital reaffirmed a buy rating and issued a GBX 495 ($6.43) target price on shares of OneSavings Bank PLC in a report on Wednesday, May 3rd. Shore Capital reaffirmed a buy rating on shares of OneSavings Bank PLC in a report on Friday, June 16th. Panmure Gordon lifted their target price on shares of OneSavings Bank PLC from GBX 390 ($5.06) to GBX 485 ($6.30) and gave the stock a buy rating in a report on Wednesday, May 3rd. Finally, Investec reaffirmed a buy rating and issued a GBX 455 ($5.91) target price on shares of OneSavings Bank PLC in a report on Tuesday, May 30th. One research 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 company presently has an average rating of Buy and a consensus price target of GBX 431.33 ($5.60).
OneSavings Bank PLC (OSB) opened at 397.40 on Thursday. OneSavings Bank PLC has a 12-month low of GBX 247.32 and a 12-month high of GBX 477.97. The company’s market cap is GBX 966.08 million. The firm’s 50-day moving average price is GBX 390.43 and its 200-day moving average price is GBX 401.97.
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The business also recently disclosed a dividend, which will be paid on Friday, November 3rd. Stockholders of record on Thursday, October 12th will be issued a dividend of GBX 3.50 ($0.05) per share. The ex-dividend date is Thursday, October 12th. This represents a dividend yield of 0.88%.
In related news, insider Andrew Doman acquired 1,938 shares of the firm’s stock in a transaction dated Tuesday, June 13th. The stock was purchased at an average cost of GBX 394 ($5.11) per share, with a total value of £7,635.72 ($9,912.66).
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.
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