Onesavings Bank (LON:OSB) Receives a Downgrade
In a comprehensive report issued to clients and investors moments ago, Barclays Capital downgraded their rating for shares of Onesavings Bank (LON:OSB) to a Equal weight. Analysts currently have set a GBX 340.00 target price per share on the stock. Barclays Capital’s target price per share indicates a possible downside of -1.68% from the stock close price of the stock.
From a total of 7 analysts covering Onesavings Bank (LON:OSB) stock, 3 rate it a ”Buy”, 0 a “Sell”, and 4 a ”Hold”. This means that 43% of the ratings are positive. The highest target price is GBX 435 while the lowest target price is GBX 350. The mean of all analyst targets is GBX 395.14 with a -1.00% below today’s (GBX 345.8) stock price. Onesavings Bank was the topic of 24 analyst reports since August 7, 2015 according to the firm StockzIntelligence Inc. Barclays Capital downgraded shares on December 15 to “Equal Weight” rating. Numis Securities maintained shares with “Hold” rating and GBX 307 target share price in a report from a September 1. Shore Capital maintained OSB stock in a recent report from November 4 with “Buy” rating.
The stock closed the day at GBX 345.8 during the previous session. It is down 12.64% since May 18, 2015 and is uptrending. It has outperformed by 16.32% the S&P500.
OneSavings Bank plc is a United Kingdom lending and retail savings company. The company has a market cap of 840.57 million GBP. The Firm operates through three divisions: Buy-to-Let/SME, Residential Mortgages and Personal Loans. It has 12.35 P/E ratio. The Company’s Buy-to-Let/SME segment offers secured lending on property for investment and commercial purposes.