OneSavings Bank’s (OSB) Outperform Rating Reiterated at Credit Suisse Group

OneSavings Bank (LON:OSB)‘s stock had its “outperform” rating restated by investment analysts at Credit Suisse Group in a note issued to investors on Thursday. They presently have a GBX 460 ($6.19) target price on the stock. Credit Suisse Group’s price target would indicate a potential upside of 15.73% from the stock’s previous close.

Several other equities analysts have also recently commented on OSB. Peel Hunt reaffirmed an “add” rating and set a GBX 425 ($5.72) price target on shares of OneSavings Bank in a research report on Thursday, August 24th. Numis Securities reaffirmed a “reduce” rating and set a GBX 330 ($4.44) price target on shares of OneSavings Bank in a research report on Thursday, August 24th. Shore Capital reaffirmed a “buy” rating on shares of OneSavings Bank in a research report on Thursday, August 24th. Liberum Capital reaffirmed a “buy” rating and set a GBX 495 ($6.66) price target on shares of OneSavings Bank in a research report on Thursday, August 24th. Finally, Investec reaffirmed a “buy” rating and set a GBX 455 ($6.12) price target on shares of OneSavings Bank in a research report on Thursday, August 24th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and thirteen have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of GBX 457 ($6.15).

OneSavings Bank (OSB) opened at GBX 397.49 ($5.35) on Thursday. OneSavings Bank has a 12-month low of GBX 311.10 ($4.19) and a 12-month high of GBX 477.97 ($6.43).

In related news, insider April Talintyre sold 250,000 shares of the stock in a transaction dated Thursday, September 21st. The shares were sold at an average price of GBX 392 ($5.28), for a total transaction of £980,000 ($1,318,977.12). Also, insider David Weymouth acquired 13,178 shares of the company’s stock in a transaction that occurred on Monday, October 9th. The shares were acquired at an average price of GBX 379 ($5.10) per share, for a total transaction of £49,944.62 ($67,220.22).

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About OneSavings Bank

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 (LON:OSB)

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