OSB Group (LON:OSB) Stock Price Passes Below 200 Day Moving Average of $490.63

OSB Group Plc (LON:OSBGet Rating) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 490.63 ($5.80) and traded as low as GBX 460.80 ($5.45). OSB Group shares last traded at GBX 472.60 ($5.59), with a volume of 344,511 shares traded.

Analyst Upgrades and Downgrades

Several research analysts recently commented on OSB shares. Shore Capital reiterated a “buy” rating on shares of OSB Group in a report on Thursday, November 3rd. Barclays dropped their target price on shares of OSB Group from GBX 815 ($9.64) to GBX 790 ($9.34) and set an “overweight” rating on the stock in a report on Friday, November 4th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 750 ($8.87) target price on shares of OSB Group in a report on Friday, November 4th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of GBX 745 ($8.81).

OSB Group Trading Up 1.5 %

The firm’s fifty day moving average price is GBX 442.13 and its 200-day moving average price is GBX 490.63. The company has a market cap of £2.03 billion and a P/E ratio of 556.00.

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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