OSB Group’s (OSB) “Outperform” Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reiterated their outperform rating on shares of OSB Group (LON:OSB) in a report released on Tuesday morning, Marketbeat reports. The brokerage currently has a GBX 750 price objective on the stock.

Separately, Deutsche Bank Aktiengesellschaft decreased their target price on shares of OSB Group from GBX 660 to GBX 615 and set a “hold” rating for the company in a research note on Friday, August 21st. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 665.80.

OSB Group Trading Up 0.6%

Shares of OSB opened at GBX 514.49 on Tuesday. The company’s 50 day simple moving average is GBX 533.74 and its 200-day simple moving average is GBX 536.28. The firm has a market cap of £1.76 billion, a PE ratio of 6.99 and a beta of 1.06. OSB Group has a 12-month low of GBX 479 and a 12-month high of GBX 647.50.

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

Insider Transactions at OSB Group

In related news, insider Andy Golding sold 11,127 shares of the company’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of GBX 525, for a total transaction of £58,416.75. Also, insider Victoria Hyde sold 5,132 shares of the firm’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of GBX 525, for a total value of £26,943. Company insiders own 0.40% of the company’s stock.

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.