OSB Group’s (OSB) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of OSB Group (LON:OSB) in a report issued on Thursday morning, MarketBeat reports. They currently have a GBX 600 ($7.64) target price on the stock.

Separately, Shore Capital reissued a buy rating on shares of OSB Group in a research report on Wednesday, May 8th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, OSB Group has a consensus rating of Buy and an average price target of GBX 710 ($9.04).

OSB Group Price Performance

Shares of LON:OSB opened at GBX 444 ($5.65) on Thursday. The company’s 50-day moving average price is GBX 432.50 and its two-hundred day moving average price is GBX 424.85. OSB Group has a one year low of GBX 277.20 ($3.53) and a one year high of GBX 527.50 ($6.72). The stock has a market capitalization of £1.73 billion, a PE ratio of 683.08 and a beta of 1.38.

Insiders Place Their Bets

In other OSB Group news, insider Andy Golding sold 27,324 shares of the stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of GBX 378 ($4.81), for a total transaction of £103,284.72 ($131,522.63). In related news, insider Andy Golding sold 27,324 shares of the stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of GBX 378 ($4.81), for a total transaction of £103,284.72 ($131,522.63). Also, insider April Talintyre sold 18,415 shares of the stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of GBX 379 ($4.83), for a total transaction of £69,792.85 ($88,874.12). Company insiders own 1.16% 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.