Key Points
- OSB Group insider Enrique Alvarez Labiano sold 212,494 shares at an average price of GBX 507, generating approximately £1.08 million.
- OSB shares opened at GBX 508.50, with the company valued at about £1.71 billion and trading near the lower end of its 52-week range of GBX 479–647.50.
- Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of GBX 665.80, despite Deutsche Bank assigning a “Hold” rating.
OSB Group Plc (LON:OSB - Get Free Report) insider Enrique Alvarez Labiano sold 212,494 shares of the business's stock in a transaction on Friday, September 25th. The stock was sold at an average price of GBX 507, for a total value of £1,077,344.58.
OSB Group Stock Up 0.9%
Shares of LON:OSB opened at GBX 508.50 on Tuesday. OSB Group Plc has a 52-week low of GBX 479 and a 52-week high of GBX 647.50. The stock has a market cap of £1.71 billion, a P/E ratio of 6.82 and a beta of 1.05. The business has a fifty day moving average of GBX 523.33 and a two-hundred day moving average of GBX 526.68.
OSB Group (LON:OSB - Get Free Report) last posted 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%. On average, equities analysts anticipate that OSB Group Plc will post 85.1214128 earnings per share for the current year.
Analysts Set New Price Targets
OSB has been the topic of a number of recent analyst reports. Royal Bank Of Canada reiterated an "outperform" rating and issued a GBX 750 price objective on shares of OSB Group in a report on Tuesday, September 1st. Deutsche Bank Aktiengesellschaft reduced their target price on OSB Group from GBX 660 to GBX 615 and set a "hold" rating on the stock in a research report on Friday, August 21st. Finally, Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 720 price target on shares of OSB Group in a research note on Wednesday, September 2nd. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of GBX 665.80.
Read Our Latest Report on OSB Group
OSB Group Company Profile
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
