OSB Group Plc (LON:OSB – Get Free Report)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 557.31 and traded as low as GBX 551. OSB Group shares last traded at GBX 561.50, with a volume of 604,572 shares trading hands.
Wall Street Analyst Weigh In
Several brokerages have recently commented on OSB. Shore Capital Group reiterated a “buy” rating and issued a GBX 680 target price on shares of OSB Group in a report on Thursday, April 30th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 800 price objective on shares of OSB Group in a research report on Thursday, March 26th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 667.80.
Read Our Latest Stock Analysis on OSB Group
OSB Group Price Performance
Insiders Place Their Bets
In related news, insider Andy Golding sold 11,127 shares of the business’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of GBX 525, for a total value of £58,416.75. Also, insider Victoria Hyde sold 5,132 shares of the stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of GBX 525, for a total transaction of £26,943. Insiders own 0.39% of the company’s stock.
OSB Group Company Profile
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. The company also provides buy-to-let and specialist residential mortgages, mortgage servicing, administration and analytical, mortgage originator and servicer, and retail savings products; and back office processing services.
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