Citigroup Upgrades OneSavings Bank

 | Jul 21, 2017 04:59AM ET

OneSavings (Onesavings (LON:OSBO)) was upgraded by Citigroup (NYSE:C). to a "buy" rating in a note issued to investors on Friday, MarketBeat.com reports.

OSB has been the subject of several other research reports. Credit Suisse (SIX:CSGN) Group restated an "outperform" rating and set a GBX 450 ($5.88) price target on shares of OneSavings Bank PLC in a research report on Thursday, July 6th. Investec restated a "buy" rating and set a GBX 455 ($5.94) price target on shares of OneSavings Bank PLC in a research report on Wednesday, June 14th. Macquarie restated a "neutral" rating and set a GBX 388 ($5.07) price target on shares of OneSavings Bank PLC in a research report on Monday, July 3rd. Liberum Capital restated a "buy" rating and set a GBX 495 ($6.46) price target on shares of OneSavings Bank PLC in a research report on Thursday, May 25th. Finally, Numis Securities Ltd restated a "hold" rating and set a GBX 394 ($5.14) price target on shares of OneSavings Bank PLC in a research report on Wednesday, May 3rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and eleven have issued a buy rating to the company's stock. OneSavings Bank PLC presently has an average rating of "Buy" and an average target price of GBX 431.33 ($5.63).

OneSavings opened at 392.20 on Friday, MarketBeat.com reports. The stock's market capitalization is GBX 953.37 million. OneSavings has a 12 month low of GBX 189.40 and a 12 month high of GBX 477.97. The firm's 50-day moving average is GBX 386.79 and its 200 day moving average is GBX 390.85.

In related news, insider Andrew Doman bought 1,938 shares of the firm's stock in a transaction that occurred on Tuesday, June 13th. The stock was purchased at an average price of GBX 394 ($5.14) per share, for a total transaction of ?7,635.72 ($9,970.91).

OneSavings Bank PLC Company Profile

OneSavings is a United Kingdom-based lending and retail savings company. The Company operates through three segments: Buy-to-Let/SME, Residential Mortgages and Personal Loans. The Company provides Buy-to-Let mortgages secured on residential property held for investment purposes by experienced and professional landlords and commercial mortgages secured on commercial and semicommercial properties held for investment purposes or for owner occupation.