Citigroup Reaffirms “Buy” Rating for OneSavings Bank (OSB)
Citigroup reissued their buy rating on shares of OneSavings Bank (LON:OSB) in a research note issued to investors on Tuesday morning.
A number of other brokerages have also issued reports on OSB. Shore Capital restated a buy rating on shares of OneSavings Bank in a research note on Monday. Peel Hunt restated a buy rating on shares of OneSavings Bank in a research note on Monday. Finally, Royal Bank of Canada restated an outperform rating and issued a GBX 510 ($6.66) target price on shares of OneSavings Bank in a research note on Tuesday, February 5th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company has a consensus rating of Buy and an average price target of GBX 485.33 ($6.34).
Shares of OneSavings Bank stock opened at GBX 392.40 ($5.13) on Tuesday. The stock has a market capitalization of $968.17 million and a PE ratio of 7.28. OneSavings Bank has a 1 year low of GBX 327.40 ($4.28) and a 1 year high of GBX 453.60 ($5.93).
OneSavings Bank Company Profile
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.
Further Reading: Why does a company issue an IPO?
Receive News & Ratings for OneSavings Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OneSavings Bank and related companies with MarketBeat.com's FREE daily email newsletter.