According to Bloomberg Ratings, the seven research firms that track OSB Group Plc (LON: OSB) gave the company an overall Buy rating, making it the recipient of the consensus recommendation. In addition, these research companies also recommended that the company “buy” the shares. Accordingly, investors are encouraged to buy the stock, as it is the consensus recommendation of seven analysts. The stock currently has a one-year average price target of 735.33 GBX ($8.47), assigned to it by analysts who updated their stock coverage the previous year.
Research analysts from various companies have provided unique perspectives on OSB stocks. Barclays gave the company an “overweight” rating in a research note published on Friday. However, they have lowered their price target for the OSB group from GBX 815 ($9.38) to GBX 790 ($9.10). Berenberg Bank reaffirmed its “buy” rating on OSB Group shares and set a price target of 750 GBX ($8.64) for the stock in a research report released on Friday. Shore Capital reaffirmed its “buy” recommendation on OSB Group shares in a report distributed Thursday, November 3. The company distributed the report.
When trading began on Tuesday, a share of OSB shares was valued at 436.20 GBX ($5.02) each. Over the past fifty-two weeks, the price of OSB Group has fluctuated between a low of 366.80 GBX ($4.22) and a high of 608.50 GBX ($7.01). The previous 50 day rolling average price is 460.99 GBX and the previous 200 day moving average price is 498.27 GBX. The company has a price-to-earnings ratio of 495.91, contributing to the company’s current valuation of £1.87 billion.
In addition, the company had just announced a dividend, which was paid on September 21. Registered shareholders who owned their shares as of August 25 were eligible to receive a dividend payment of GBX 8.70 ($0.10) per share. The dividend yield obtained as a result is equal to 1.59%. Thursday, August 25 August 25 was the day when share prices were determined without taking into account the payment of the dividend. The dividend payout ratio for OSB Group is calculated at 29.5% of total turnover each year.
Subsidiaries of OSB Group Plc serve the Channel Islands and the United Kingdom. OSB Group Plc is a specialist savings and loan company which operates in both regions. The Company offers a variety of products and services, including rental mortgages for the private rental sector, commercial and semi-commercial mortgages, residential development finance, bespoke and specialty residential loans, secured finance and corporate finance services. assets. Other services include rental mortgages for the semi-commercial and commercial sectors.