OSB Group (LON:OSB) Stock Rating Reaffirmed by Barclays

OSB Group (LON:OSB – Get Rating)‘s stock had its “overweight” rating restated by research analysts at Barclays in a research note issued to investors on Monday, MarketBeat.com reports. They currently have a GBX 755 ($9.50) price objective on the stock. Barclays‘s target price would indicate a potential upside of 44.64% from the company’s current price.

A number of other research analysts have also commented on OSB. Liberum Capital upped their target price on OSB Group from GBX 645 ($8.12) to GBX 790 ($9.94) and gave the company a “buy” rating in a research note on Friday, April 1st. Shore Capital restated a “buy” rating on shares of OSB Group in a research note on Thursday, May 5th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a GBX 650 ($8.18) target price on shares of OSB Group in a research report on Thursday, March 24th. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, OSB Group presently has a consensus rating of “Buy” and a consensus target price of GBX 725.40 ($9.13).

OSB Group stock opened at GBX 522 ($6.57) on Monday. The business has a 50 day moving average price of GBX 553.88 and a two-hundred day moving average price of GBX 533.87. OSB Group has a 12 month low of GBX 407 ($5.12) and a 12 month high of GBX 608.50 ($7.66). The stock has a market cap of £2.33 billion and a price-to-earnings ratio of 6.95.

In other OSB Group news, insider April Talintyre sold 150,000 shares of the company’s stock in a transaction dated Thursday, April 21st. The shares were sold at an average price of GBX 605 ($7.61), for a total transaction of £907,500 ($1,141,940.35).

About OSB Group (Get Rating)

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 mortgages, residential development finance, bespoke and specialist residential lending, secured funding, and asset finance services.

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