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

Shore Capital reaffirmed their buy rating on shares of OSB Group (LON:OSB) in a report issued on Wednesday, Marketbeat.com reports. Shore Capital currently has a GBX 665 price objective on the stock.

Several other analysts have also issued reports on the company. Peel Hunt reiterated a “hold” rating and set a GBX 564 price objective on shares of OSB Group in a report on Thursday, November 13th. Jefferies Financial Group raised 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 research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, OSB Group currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 621.33.

OSB Group Stock Performance

Shares of OSB opened at GBX 537 on Wednesday. The company has a market capitalization of £1.92 billion, a PE ratio of 7.81 and a beta of 1.41. The company’s 50 day moving average price is GBX 549.70 and its 200 day moving average price is GBX 534.06. OSB Group has a 52 week low of GBX 355.80 and a 52 week high of GBX 574.50.

OSB Group (LON:OSB) last issued its earnings results on Wednesday, August 20th. The company reported GBX 37.30 earnings per share (EPS) for the quarter. OSB Group had a net margin of 27.26% and a return on equity of 18.78%. On average, equities analysts forecast that OSB Group will post 85.1214128 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Victoria Hyde sold 645 shares of the stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of GBX 539, for a total value of £3,476.55. 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.