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

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 target increased by stock analysts at Jefferies Financial Group from GBX 565 to GBX 635 in a research report issued to clients and investors on Tuesday, Marketbeat reports. The brokerage presently has a "buy" rating on the stock. Jefferies Financial Group's price target would indicate a potential upside of 20.38% from the company's current price.

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

OSB Group Stock Down 3.7%

Shares of LON:OSB traded down GBX 20.50 during midday trading on Tuesday, reaching GBX 527.50. The company's stock had a trading volume of 1,806,839 shares, compared to its average volume of 1,310,674. The firm has a market cap of £1.92 billion, a price-to-earnings ratio of 696.83 and a beta of 1.41. The business has a 50 day moving average price of GBX 548.08 and a 200 day moving average price of GBX 487. OSB Group has a 1 year low of GBX 343.60 and a 1 year high of GBX 574.50.

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

OSB Group Company Profile

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.