OSB Group Plc (LON:OSB) Receives Consensus Rating of “Buy” from Brokerages

OSB Group Plc (LON:OSBGet Rating) has been given an average rating of “Buy” by the six research firms that are covering the stock, Marketbeat Ratings reports. Six investment analysts have rated the stock with a buy rating. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is GBX 737.40 ($8.91).

Several brokerages have weighed in on OSB. Barclays boosted their price objective on OSB Group from GBX 790 ($9.55) to GBX 815 ($9.85) and gave the stock an “overweight” rating in a report on Friday, August 12th. Shore Capital reaffirmed a “buy” rating on shares of OSB Group in a research note on Thursday, August 11th.

OSB Group Stock Performance

LON OSB opened at GBX 519 ($6.27) on Monday. OSB Group has a 52 week low of GBX 5.16 ($0.06) and a 52 week high of GBX 608.50 ($7.35). The stock has a market capitalization of £2.28 billion and a P/E ratio of 610.59. The stock has a fifty day moving average of GBX 532.24 and a 200-day moving average of GBX 526.73.

OSB Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, September 21st. Shareholders of record on Thursday, August 25th will be issued a GBX 8.70 ($0.11) dividend. The ex-dividend date of this dividend is Thursday, August 25th. This represents a dividend yield of 1.59%. OSB Group’s dividend payout ratio (DPR) is currently 30.59%.

About OSB Group

(Get Rating)

OSB Group Plc, through its subsidiaries, operates as a specialist 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, bespoke and specialist residential lending, secured funding, and asset finance services.

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Analyst Recommendations for OSB Group (LON:OSB)

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