OSB Group (LON:OSB) Price Target Raised to GBX 635 at Jefferies Financial Group

Key Points

• Jefferies Financial Group has increased its price target for OSB Group from GBX 565 to GBX 635, suggesting a possible 14.83% upside from the current stock price.
• The stock currently holds a consensus rating of "Buy" among analysts, with Shore Capital also reaffirming this rating.
• OSB Group reported an earnings per share (EPS) of GBX 37.30 for the last quarter and is projected to post an EPS of approximately 85.12 for the current fiscal year.

OSB Group (LON:OSB - Get Free Report) had its price objective boosted by stock analysts at Jefferies Financial Group from GBX 565 to GBX 635 in a research note issued to investors on Tuesday, MarketBeat.com reports. The brokerage currently has a "buy" rating on the stock. Jefferies Financial Group's price target indicates a potential upside of 15.88% from the stock's current price.

Separately, Shore Capital reissued a "buy" rating on shares of OSB Group in a research report on Wednesday, April 30th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of GBX 635.

OSB Group Trading Down 1.4%

OSB traded down GBX 7.50 during trading hours on Tuesday, hitting GBX 548. 732,160 shares of the company's stock were exchanged, compared to its average volume of 1,307,685. OSB Group has a 12-month low of GBX 343.60 and a 12-month high of GBX 574.50. The firm has a 50 day moving average of GBX 547.45 and a 200 day moving average of GBX 485.85. The firm has a market cap of £2.02 billion, a P/E ratio of 5.46 and a beta of 1.41.

OSB Group (LON:OSB - Get Free Report) last announced its earnings results on Wednesday, August 20th. The company reported GBX 37.30 earnings per share for the quarter. OSB Group had a net margin of 27.26% and a return on equity of 18.78%. As a group, research analysts expect that OSB Group will post 85.1214128 EPS for the current fiscal year.

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.