The stock of OneSavings Bank PLC (LON:OSB) is a huge mover today! The stock increased 3.49% or GBX 9.69 on November 3, hitting GBX 287.69. About 642,330 shares traded hands or 102.09% up from the average. OneSavings Bank PLC (LON:OSB) has declined 7.48% since April 6, 2016 and is downtrending. It has underperformed by 8.70% the S&P500.
The move comes after 8 months positive chart setup for the GBX 699.33 million company. It was reported on Nov, 3 by Barchart.com. We have GBX 382.63 PT which if reached, will make LON:OSB worth GBX 230.78M more.
OneSavings Bank PLC (LON:OSB) Ratings Coverage
Out of 9 analysts covering Onesavings Bank (LON:OSB), 7 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 78% are positive. Onesavings Bank has been the topic of 69 analyst reports since August 7, 2015 according to StockzIntelligence Inc. Barclays Capital maintained the stock with “Overweight” rating in Thursday, November 5 report. Barclays Capital downgraded the stock to “Equal Weight” rating in Tuesday, December 15 report. Investec downgraded it to “Hold” rating and GBX 380 target price in Tuesday, December 1 report. The firm has “Equal Weight” rating by Barclays Capital given on Wednesday, February 24. The firm has “Equal Weight” rating by Barclays Capital given on Tuesday, August 16. Numis Securities maintained OneSavings Bank PLC (LON:OSB) rating on Thursday, March 17. Numis Securities has “Buy” rating and GBX 310 price target. The rating was upgraded by Investec to “Hold” on Tuesday, November 24. Shore Capital maintained the stock with “Buy” rating in Thursday, October 13 report. The rating was maintained by Investec with “Buy” on Friday, August 7. The company was maintained on Friday, May 27 by Macquarie Research.
Another recent and important OneSavings Bank PLC (LON:OSB) news was published by Fool.Co.Uk which published an article titled: “Is it the end of the line for OneSavings Bank plc and Virgin Money Holdings?” on September 21, 2016.
OneSavings Bank plc is a United Kingdom lending and retail savings company. The company has a market cap of 699.33 million GBP. The Firm operates through three divisions: Buy-to-Let/SME, Residential Mortgages and Personal Loans. It has a 5.79 P/E ratio. The Firm provides Buy-to-Let mortgages secured on residential property held for investment purposes by experienced and professional landlords and commercial mortgages secured on commercial and semicommercial properties held for investment purposes or for owner occupation.
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