Shore Capital Reaffirms Buy Rating for OneSavings Bank (OSB)

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Shore Capital reissued their buy rating on shares of OneSavings Bank (LON:OSB) in a research note published on Wednesday.

A number of other equities research analysts have also recently issued reports on the stock. Peel Hunt reaffirmed a buy rating and issued a GBX 520 ($6.71) price objective (up previously from GBX 495 ($6.39)) on shares of OneSavings Bank in a research note on Thursday, August 23rd. Numis Securities reaffirmed a hold rating and issued a GBX 398 ($5.13) price objective on shares of OneSavings Bank in a research note on Wednesday, May 9th. Canaccord Genuity reaffirmed a buy rating and issued a GBX 500 ($6.45) price objective on shares of OneSavings Bank in a research note on Wednesday, May 9th. Finally, Royal Bank of Canada reissued an outperform rating and set a GBX 470 ($6.06) price target on shares of OneSavings Bank in a research report on Friday, August 17th. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company has an average rating of Buy and a consensus target price of GBX 489 ($6.31).

Shares of OneSavings Bank stock opened at GBX 412.80 ($5.33) on Wednesday. OneSavings Bank has a 52-week low of GBX 361.70 ($4.67) and a 52-week high of GBX 477.97 ($6.17).

OneSavings Bank (LON:OSB) last announced its quarterly earnings data on Thursday, August 23rd. The company reported GBX 27.30 ($0.35) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of GBX 27.60 ($0.36) by GBX (0.30) ($0.00). OneSavings Bank had a net margin of 50.47% and a return on equity of 25.09%.

The company also recently declared a dividend, which will be paid on Friday, November 2nd. Shareholders of record on Thursday, October 11th will be given a dividend of GBX 4.30 ($0.06) per share. The ex-dividend date of this dividend is Thursday, October 11th. This represents a yield of 0.99%.

OneSavings Bank Company Profile

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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Analyst Recommendations for OneSavings Bank (LON:OSB)

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