OSB Group (LON:OSB) Stock Price Up 0% – Here’s What Happened

OSB Group Plc (LON:OSB) traded up 0% during trading on Monday . The stock traded as high as GBX 429.05 ($5.47) and last traded at GBX 425.80 ($5.43). 498,163 shares changed hands during mid-day trading, a decline of 56% from the average session volume of 1,126,876 shares. The stock had previously closed at GBX 425.60 ($5.43).

Analysts Set New Price Targets

Several research analysts have commented on the company. Berenberg Bank cut their target price on OSB Group from GBX 660 ($8.41) to GBX 580 ($7.39) and set a “buy” rating for the company in a research note on Thursday, August 15th. Shore Capital reiterated a “buy” rating on shares of OSB Group in a research report on Thursday, August 15th.

OSB Group Stock Performance

The stock has a market cap of £1.61 billion, a P/E ratio of 443.54 and a beta of 1.41. The stock has a 50-day moving average price of GBX 382.33 and a 200-day moving average price of GBX 420.24.

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.