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

by · The Markets Daily

OSB Group Plc (LON:OSB – Get Free Report) 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 – Get Free Report) 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.

View Our Latest Report on OSB

OSB Group Company Profile

(Get Free Report)

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.

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