OSB Group PLC -317.1% potential downside indicated by RBC Capital Markets

OSB Group PLC with ticker (LON:OSB) now has a potential downside of -317.1% according to RBC Capital Markets.



RBC Capital Markets set a target price of 120 GBX for the company, which when compared to the OSB Group PLC share price of 501 GBX at opening today (07/12/2021) indicates a potential downside of -317.1%. Trading has ranged between 362 (52 week low) and 523 (52 week high) with an average of 1,039,626 shares exchanging hands daily. The market capitalisation at the time of writing is £2,321,060,985.

OSB Group PLC, formerly OneSavings Bank plc (OSB), is a United Kingdom-based lending and retail savings company. The Company operates through two segments: Buy-to-Let/SME, Residential Mortgages. The Company provides Buy-to-Let mortgages secured on residential property held for investment purposes by experienced and professional landlords and commercial mortgages secured on commercial and semicommercial properties held for investment purposes or for owner occupation. It also provides residential development finance to small and medium sized developers and secured funding lines to other lenders. OSB also offers bespoke residential first charge, second charge and shared ownership mortgages through specialist brokers. It also provides secured funding lines to other lenders. The Company also offers unsecured lending services.