Insider Selling: OSB Group (LON:OSB) Insider Sells £1,077,344.58 in Stock

OSB Group Plc (LON:OSB) insider Enrique Alvarez Labiano sold 212,494 shares of the firm’s stock in a transaction dated Friday, September 25th. The shares were sold at an average price of GBX 507, for a total transaction of £1,077,344.58.

OSB Group Trading Up 0.7%

Shares of LON OSB opened at GBX 511.70 on Thursday. OSB Group Plc has a 1-year low of GBX 479 and a 1-year high of GBX 647.50. The company has a 50-day moving average of GBX 521.30 and a two-hundred day moving average of GBX 525.83. The company has a market cap of £1.73 billion, a PE ratio of 6.86 and a beta of 1.05.

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 Plc will post 85.1214128 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have commented on OSB shares. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 720 price objective on shares of OSB Group in a research report on Wednesday, September 2nd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 750 price target on shares of OSB Group in a research note on Tuesday, September 1st. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on OSB Group from GBX 660 to GBX 615 and set a “hold” rating on the stock in a report on Friday, August 21st. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 665.80.

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. 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.