OSB Group (LON:OSB) Stock Rating Reaffirmed by Shore Capital

OSB Group (LON:OSB – Get Free Report)‘s stock had its “buy” rating reiterated by equities researchers at Shore Capital in a research note issued on Thursday, MarketBeat Ratings reports.

OSB has been the topic of a number of other reports. Barclays reiterated a “buy” rating and issued a GBX 800 ($10.22) price target on shares of OSB Group in a report on Wednesday, July 5th. Berenberg Bank boosted their target price on shares of OSB Group from GBX 750 ($9.58) to GBX 800 ($10.22) and gave the stock a “buy” rating in a report on Monday, April 17th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, OSB Group currently has an average rating of “Buy” and an average price target of GBX 777 ($9.93).

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OSB Group Stock Performance

Shares of LON OSB opened at GBX 393.80 ($5.03) on Thursday. The company has a market cap of £1.64 billion, a P/E ratio of 437.56 and a beta of 1.33. The firm’s fifty day moving average is GBX 426.90 and its two-hundred day moving average is GBX 482.26. OSB Group has a 52-week low of GBX 327.60 ($4.19) and a 52-week high of GBX 599 ($7.65).

Insider Buying and Selling

In other news, insider Andy Golding purchased 25,250 shares of the company’s stock in a transaction that occurred on Friday, August 11th. The stock was purchased at an average cost of GBX 397 ($5.07) per share, with a total value of £100,242.50 ($128,105.43). 0.90% of the stock is owned by corporate insiders.

OSB Group Company Profile

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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.

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