OSB Group (LON:OSB) Price Target Raised to GBX 560

OSB Group (LON:OSB) had its target price raised by Barclays from GBX 540 ($7.06) to GBX 560 ($7.32) in a report issued on Monday morning, PriceTargets.com reports. The brokerage currently has an overweight rating on the stock.

A number of other research analysts also recently weighed in on OSB. Shore Capital reissued a buy rating on shares of OSB Group in a report on Wednesday, May 5th. Liberum Capital reissued a buy rating and issued a GBX 535 ($6.99) target price on shares of OSB Group in a report on Wednesday, May 5th. Finally, Royal Bank of Canada reissued an outperform rating and issued a GBX 600 ($7.84) target price on shares of OSB Group in a report on Wednesday, June 9th. One investment analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of Buy and a consensus price target of GBX 540.75 ($7.06).

Shares of LON:OSB opened at GBX 462.40 ($6.04) on Monday. The company has a market capitalization of £2.07 billion and a P/E ratio of 10.91. OSB Group has a 1 year low of GBX 230.20 ($3.01) and a 1 year high of GBX 499.30 ($6.52). The firm’s fifty day simple moving average is GBX 467.66.

In other OSB Group news, insider April Talintyre sold 35,754 shares of the company’s stock in a transaction dated Monday, May 24th. The stock was sold at an average price of GBX 420 ($5.49), for a total value of £150,166.80 ($196,193.89).

OSB Group Company Profile

OSB Group Plc, through its subsidiaries, operates as a specialist lending and retail savings company in the United Kingdom and the Channel Islands. It provides private rented sector related buy-to-let, commercial and semi-commercial mortgage, residential development finance, residential lending, secured funding, and asset finance services.

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Analyst Recommendations for OSB Group (LON:OSB)

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