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

Jefferies Financial Group reissued their buy rating on shares of OSB Group (LON:OSB) in a research report released on Wednesday morning,Digital Look reports. The firm currently has a GBX 720 price objective on the stock.

Several other equities analysts have also weighed in on OSB. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 750 price objective on shares of OSB Group in a research note on Tuesday. Deutsche Bank Aktiengesellschaft lowered their price target on shares of OSB Group from GBX 660 to GBX 615 and set a “hold” rating for the company in a report on Friday, August 21st. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 665.80.

OSB Group Trading Down 0.1%

OSB Group stock opened at GBX 516.87 on Wednesday. The stock has a market cap of £1.76 billion, a PE ratio of 7.02 and a beta of 1.06. The stock has a 50-day moving average price of GBX 533.37 and a 200 day moving average price of GBX 536.15. OSB Group has a 52 week low of GBX 479 and a 52 week high of GBX 647.50.

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

Insider Activity at OSB Group

In other OSB Group news, insider Simon Walker bought 10,000 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were bought at an average cost of GBX 505 per share, with a total value of £50,500. Also, insider Andy Golding sold 11,127 shares of the stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of GBX 525, for a total value of £58,416.75. 0.40% of the stock is currently owned by company insiders.

About OSB Group

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.