OSB Group (LON:OSB) Reaches New 12-Month High – Still a Buy?

Shares of OSB Group Plc (LON:OSB) hit a new 52-week high on Tuesday . The stock traded as high as GBX 644.50 and last traded at GBX 644.50, with a volume of 1843887 shares trading hands. The stock had previously closed at GBX 640.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Shore Capital reaffirmed a “buy” rating and set a GBX 665 price target on shares of OSB Group in a report on Friday, December 19th. Peel Hunt restated a “hold” rating and set a GBX 564 price objective on shares of OSB Group in a research report on Thursday, November 13th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 621.33.

OSB Group Price Performance

The stock has a 50 day moving average of GBX 570.64 and a two-hundred day moving average of GBX 554.30. The stock has a market capitalization of £2.30 billion, a PE ratio of 9.36 and a beta of 1.41.

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.