OSB Group’s (OSB) Outperform Rating Reiterated at Royal Bank Of Canada

OSB Group (LON:OSB)‘s stock had its “outperform” rating restated by equities research analysts at Royal Bank Of Canada in a research report issued on Tuesday, London Stock Exchange reports. They currently have a GBX 750 price target on the stock. Royal Bank Of Canada’s target price suggests a potential upside of 46.06% from the company’s previous close.

Separately, Deutsche Bank Aktiengesellschaft decreased their price target on shares of OSB Group from GBX 660 to GBX 615 and set a “hold” rating for the company in a research report on Friday, August 21st. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 652.25.

OSB Group Trading Down 0.2%

Shares of OSB stock opened at GBX 513.50 on Tuesday. OSB Group has a twelve month low of GBX 479 and a twelve month high of GBX 647.50. The stock has a market capitalization of £1.75 billion, a price-to-earnings ratio of 6.98 and a beta of 1.06. The stock has a fifty day simple moving average of GBX 534.75 and a two-hundred day simple moving average of GBX 537.92.

OSB Group (LON:OSB) last announced its quarterly earnings results on Thursday, August 6th. The company reported GBX 38.80 EPS for the quarter. OSB Group had a return on equity of 13.06% and a net margin of 15.38%. Research analysts predict that OSB Group will post 85.1214128 EPS for the current fiscal year.

Insider Buying and Selling at OSB Group

In other news, insider Victoria Hyde sold 5,132 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of GBX 525, for a total value of £26,943. Also, insider Andy Golding sold 11,127 shares of OSB Group stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of GBX 525, for a total value of £58,416.75. Company insiders own 0.40% 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.