OSB Group’s (OSB) “Buy” Rating Reaffirmed at Jefferies Financial Group

OSB Group (LON:OSB)‘s stock had its “buy” rating restated by research analysts at Jefferies Financial Group in a report issued on Wednesday, Digital Look reports. They currently have a GBX 720 price objective on the stock. Jefferies Financial Group’s price objective would indicate a potential upside of 40.35% from the stock’s current price.

A number of other brokerages have also weighed in on OSB. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 750 target price on shares of OSB Group in a research note on Tuesday. Deutsche Bank Aktiengesellschaft dropped their price target on OSB Group from GBX 660 to GBX 615 and set a “hold” rating for the company in a research report on Friday, August 21st. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, OSB Group has an average rating of “Moderate Buy” and an average price target of GBX 665.80.

OSB Group Price Performance

OSB opened at GBX 513 on Wednesday. The company has a fifty day moving average price of GBX 534.59 and a 200-day moving average price of GBX 537.37. The firm has a market capitalization of £1.75 billion, a P/E ratio of 6.97 and a beta of 1.06. OSB Group has a one year low of GBX 479 and a one year high of GBX 647.50.

OSB Group (LON:OSB) last issued its quarterly earnings data on Thursday, August 6th. The company reported GBX 38.80 earnings per share (EPS) for the quarter. OSB Group had a return on equity of 13.06% and a net margin of 15.38%. On average, analysts expect that OSB Group will post 85.1214128 earnings per share for the current year.

Insider Activity

In related news, insider Victoria Hyde sold 5,132 shares of OSB Group stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of GBX 525, for a total value of £26,943. Also, insider Simon Walker purchased 10,000 shares of the stock in a transaction on Tuesday, August 11th. The stock was acquired at an average cost of GBX 505 per share, with a total value of £50,500. 0.40% of the stock is owned by corporate insiders.

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.