OSB Group (LON:OSB) Rating Reiterated by Shore Capital

Shore Capital restated their buy rating on shares of OSB Group (LON:OSB) in a report released on Thursday, Marketbeat.com reports.

Separately, Jefferies Financial Group reaffirmed a buy rating and set a GBX 600 ($7.66) price target on shares of OSB Group in a report on Thursday, June 13th.

OSB Group Price Performance

OSB stock opened at GBX 386.80 ($4.94) on Thursday. OSB Group has a 1-year low of GBX 277.20 ($3.54) and a 1-year high of GBX 533.50 ($6.81). The firm has a fifty day moving average price of GBX 470.35 and a two-hundred day moving average price of GBX 439.08. The firm has a market cap of £1.49 billion, a price-to-earnings ratio of 595.08 and a beta of 1.49.

OSB Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, September 20th. Investors of record on Thursday, August 22nd will be paid a GBX 10.70 ($0.14) dividend. This represents a yield of 2.21%. The ex-dividend date is Thursday, August 22nd. OSB Group’s dividend payout ratio is currently 4,923.08%.

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.