Numis Securities Ltd Reiterates “Reduce” Rating for OneSavings Bank PLC (OSB)

Numis Securities Ltd reissued their reduce rating on shares of OneSavings Bank PLC (LON:OSB) in a research report released on Thursday, August 24th, Marketbeat Ratings reports. The brokerage currently has a GBX 330 ($4.26) target price on the stock.

A number of other research analysts have also weighed in on OSB. Peel Hunt restated an add rating and set a GBX 425 ($5.49) price objective on shares of OneSavings Bank PLC in a research report on Thursday, August 24th. Liberum Capital reiterated a buy rating and issued a GBX 495 ($6.39) price target on shares of OneSavings Bank PLC in a research report on Wednesday, May 3rd. Shore Capital reiterated a buy rating on shares of OneSavings Bank PLC in a research report on Wednesday, May 3rd. Investec restated a buy rating and set a GBX 455 ($5.88) target price on shares of OneSavings Bank PLC in a research report on Wednesday, June 14th. Finally, Macquarie reaffirmed a neutral rating and set a GBX 388 ($5.01) price target on shares of OneSavings Bank PLC in a research note on Monday, July 3rd. One research analyst has rated the stock with a sell rating, two have given a hold rating and eleven have given a buy rating to the company’s stock. OneSavings Bank PLC currently has an average rating of Buy and an average 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. OneSavings Bank PLC has a 52 week low of GBX 247.32 and a 52 week high of GBX 477.97. 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 (LON:OSB) last posted its quarterly earnings results on Thursday, August 24th. The company reported $0.24 EPS for the quarter, meeting the Zacks’ consensus estimate 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 business also recently disclosed a dividend, which will be paid on Friday, November 3rd. Shareholders of record on Thursday, October 12th will be issued a dividend of GBX 3.50 ($0.05) per share. The ex-dividend date is Thursday, October 12th. This represents a dividend yield of 0.88%.

In other OneSavings Bank PLC news, insider Andrew Doman purchased 1,938 shares of the business’s stock in a transaction that occurred on Tuesday, June 13th. The stock was acquired at an average cost 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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