OSB Group Plc (LON:OSB) Receives GBX 749.60 Average PT from Brokerages

OSB Group Plc (LON:OSBGet Rating) has been assigned a consensus rating of “Buy” from the six research firms that are covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a buy recommendation. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is GBX 749.60 ($9.14).

A number of research analysts recently commented on OSB shares. Barclays boosted their price objective on shares of OSB Group from GBX 770 ($9.38) to GBX 800 ($9.75) and gave the company an “overweight” rating in a research report on Friday, February 10th. Numis Securities restated a “buy” rating and issued a GBX 758 ($9.24) price objective on shares of OSB Group in a research note on Thursday.

OSB Group Trading Down 5.8 %

LON:OSB opened at GBX 489.60 ($5.97) on Thursday. OSB Group has a twelve month low of GBX 366.80 ($4.47) and a twelve month high of GBX 608.50 ($7.42). The company has a 50-day moving average of GBX 533.84 and a 200-day moving average of GBX 489.96. The firm has a market cap of £2.10 billion, a price-to-earnings ratio of 576.00 and a beta of 1.40.

OSB Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, May 17th. Stockholders of record on Thursday, March 23rd will be paid a dividend of GBX 33.50 ($0.41) per share. This is a boost from OSB Group’s previous dividend of $8.70. This represents a dividend yield of 7.05%. The ex-dividend date of this dividend is Thursday, March 23rd. OSB Group’s dividend payout ratio (DPR) is currently 3,529.41%.

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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