OneSavings Bank PLC’s (OSB) Buy Rating Reiterated at Canaccord Genuity
Other equities analysts also recently issued reports about the stock. Peel Hunt decreased their price objective on shares of OneSavings Bank PLC from GBX 505 ($6.64) to GBX 425 ($5.59) and set an add rating on the stock in a report on Friday, July 21st. Investec restated a buy rating and issued a GBX 455 ($5.98) price target on shares of OneSavings Bank PLC in a research note on Thursday, August 24th. Liberum Capital restated a buy rating and issued a GBX 495 ($6.51) price target on shares of OneSavings Bank PLC in a research note on Thursday, August 24th. Shore Capital restated a buy rating on shares of OneSavings Bank PLC in a research note on Thursday, August 24th. Finally, Citigroup Inc. upgraded shares of OneSavings Bank PLC to a buy rating in a research note on Friday, July 21st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and twelve have issued a buy rating to the stock. The stock has an average rating of Buy and an average target price of GBX 453.42 ($5.96).
OneSavings Bank PLC (OSB) traded down GBX 3.30 ($0.04) during trading hours on Wednesday, hitting GBX 395 ($5.20). 450,043 shares of the company’s stock traded hands, compared to its average volume of 725,301. OneSavings Bank PLC has a 12-month low of GBX 293.20 ($3.86) and a 12-month high of GBX 477.97 ($6.29).
The company also recently disclosed a dividend, which was paid on Friday, November 3rd. Investors of record on Thursday, October 12th were given a dividend of GBX 3.50 ($0.05) per share. The ex-dividend date was Thursday, October 12th. This represents a yield of 0.88%.
In related news, insider April Talintyre sold 250,000 shares of the company’s stock in a transaction dated Thursday, September 21st. The shares were sold at an average price of GBX 392 ($5.16), for a total transaction of £980,000 ($1,288,964.88). Also, insider David Weymouth acquired 13,178 shares of the business’s stock in a transaction that occurred on Monday, October 9th. The shares were purchased at an average cost of GBX 379 ($4.98) per share, with a total value of £49,944.62 ($65,690.67).
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.
Receive News & Stock Ratings for OneSavings Bank PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OneSavings Bank PLC and related stocks with our FREE daily email newsletter.