OneSavings Bank (OSB) Stock Rating Reaffirmed by Shore Capital

OneSavings Bank (LON:OSB)‘s stock had its “buy” rating reiterated by equities researchers at Shore Capital in a research note issued on Thursday.

Other analysts have also recently issued research reports about the stock. Peel Hunt restated a “buy” rating and set a GBX 520 ($6.79) target price (up previously from GBX 495 ($6.47)) on shares of OneSavings Bank in a report on Thursday, August 23rd. Numis Securities cut shares of OneSavings Bank to a “hold” rating in a report on Thursday, August 23rd. Finally, Royal Bank of Canada boosted their target price on shares of OneSavings Bank from GBX 470 ($6.14) to GBX 500 ($6.53) and gave the company an “outperform” rating in a report on Friday, August 24th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. OneSavings Bank currently has a consensus rating of “Buy” and a consensus target price of GBX 493.67 ($6.45).

Shares of OSB stock opened at GBX 396 ($5.17) on Thursday. OneSavings Bank has a 12 month low of GBX 361.70 ($4.73) and a 12 month high of GBX 477.97 ($6.25).

OneSavings Bank (LON:OSB) last announced its earnings results on Thursday, August 23rd. The company reported GBX 27.30 ($0.36) EPS for the quarter, missing the Zacks’ consensus estimate of GBX 27.60 ($0.36) by GBX (0.30) ($0.00).

In related news, insider April Talintyre sold 164,708 shares of the company’s stock in a transaction dated Friday, September 14th. The shares were sold at an average price of GBX 409 ($5.34), for a total value of £673,655.72 ($880,250.52).

About OneSavings Bank

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.

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Analyst Recommendations for OneSavings Bank (LON:OSB)

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