OneSavings Bank (LON:OSB) Rating Reiterated by Royal Bank of Canada
OneSavings Bank (LON:OSB)‘s stock had its “outperform” rating reissued by investment analysts at Royal Bank of Canada in a research note issued on Tuesday, ThisIsMoney.Co.Uk reports.
Several other research firms have also recently issued reports on OSB. Shore Capital reiterated a “buy” rating on shares of OneSavings Bank in a research report on Tuesday, November 26th. Barclays reiterated an “overweight” rating on shares of OneSavings Bank in a research report on Tuesday, January 21st. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 485 ($6.38).
Shares of OneSavings Bank stock traded down GBX 9.60 ($0.13) during trading hours on Tuesday, hitting GBX 200 ($2.63). 3,846,061 shares of the company were exchanged, compared to its average volume of 853,038. OneSavings Bank has a 1 year low of GBX 275.80 ($3.63) and a 1 year high of GBX 461 ($6.06). The business has a 50-day moving average of GBX 393.48 and a 200-day moving average of GBX 386.91. The stock has a market capitalization of $890.89 million and a price-to-earnings ratio of 3.77.
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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