OneSavings Bank PLC (OSB) Stock Rating Reaffirmed by Shore Capital

Shore Capital reissued their buy rating on shares of OneSavings Bank PLC (LON:OSB) in a research report released on Thursday, August 24th.

A number of other research firms have also weighed in on OSB. Peel Hunt lowered OneSavings Bank PLC to an add rating and boosted their target price for the company from GBX 485 ($6.26) to GBX 505 ($6.52) in a research note on Wednesday, May 24th. Liberum Capital reissued a buy rating and issued a GBX 495 ($6.39) target price on shares of OneSavings Bank PLC in a research note on Thursday, May 25th. Numis Securities Ltd reissued a hold rating and issued a GBX 394 ($5.09) target price on shares of OneSavings Bank PLC in a research note on Wednesday, May 3rd. Panmure Gordon upped their price target on OneSavings Bank PLC from GBX 390 ($5.04) to GBX 485 ($6.26) and gave the company a buy rating in a research report on Wednesday, May 3rd. Finally, Investec reaffirmed a buy rating and set a GBX 455 ($5.88) price target on shares of OneSavings Bank PLC in a research report on Tuesday, May 30th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eleven have given a buy rating to the stock. OneSavings Bank PLC has an average rating of Buy and a consensus target price of GBX 430.92 ($5.57).

OneSavings Bank PLC (LON:OSB) traded up 1.10% during mid-day trading on Thursday, hitting GBX 395.90. The stock had a trading volume of 191,546 shares. The stock’s market capitalization is GBX 962.43 million. The company’s 50 day moving average is GBX 394.16 and its 200-day moving average is GBX 404.38. OneSavings Bank PLC has a 52 week low of GBX 247.32 and a 52 week high of GBX 477.97.

OneSavings Bank PLC (LON:OSB) last released its earnings results on Thursday, August 24th. The company reported $0.24 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.24. OneSavings Bank PLC had a return on equity of 25.09% and a net margin of 50.47%. On average, analysts expect that OneSavings Bank PLC will post $44.91 EPS for the current fiscal year.

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The company also recently disclosed a dividend, which will be paid on Friday, November 3rd. Stockholders of record on Thursday, October 12th will be given a GBX 3.50 ($0.05) dividend. This represents a dividend yield of 0.88%. The ex-dividend date is Thursday, October 12th.

In related news, insider Andrew Doman purchased 1,938 shares of the company’s stock in a transaction that occurred on Tuesday, June 13th. The stock was purchased at an average price of GBX 394 ($5.09) per share, with a total value of £7,635.72 ($9,861.45).

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.

Analyst Recommendations for OneSavings Bank PLC (LON:OSB)

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