OSB Group’s (OSB) “Buy” Rating Reiterated at Shore Capital

Shore Capital reissued their buy rating on shares of OSB Group (LON:OSB) in a research report sent to investors on Thursday, MarketBeat.com reports. The brokerage currently has a GBX 655 price target on the stock.

Separately, Jefferies Financial Group increased their price target on OSB Group from GBX 565 to GBX 635 and gave the stock a “buy” rating in a research note on Tuesday, August 26th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of GBX 645.

OSB Group Trading Down 0.5%

Shares of OSB Group stock opened at GBX 550 on Thursday. The business’s fifty day simple moving average is GBX 548.23 and its 200 day simple moving average is GBX 528.94. The firm has a market capitalization of £1.97 billion, a P/E ratio of 7.99 and a beta of 1.41. OSB Group has a 12 month low of GBX 355.80 and a 12 month high of GBX 574.50.

OSB Group (LON:OSB) last announced its quarterly earnings data on Wednesday, August 20th. The company reported GBX 37.30 earnings per share (EPS) for the quarter. OSB Group had a return on equity of 18.78% and a net margin of 27.26%. Analysts predict that OSB Group will post 85.1214128 EPS for the current fiscal year.

Insider Transactions at OSB Group

In related news, insider Victoria Hyde sold 645 shares of the stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of GBX 539, for a total value of £3,476.55. Company insiders own 0.49% of the company’s stock.

About OSB Group

OSB Group Plc, through its subsidiaries, operates as a specialist mortgage 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, secured funding, bridging, and asset finance services.