ShoreCap says OSB Group share price drop an 'overreaction'

10th Jul 2023 14:00

(Sharecast News) - Analysts at ShoreCap stood by their 'buy' recommendation for shares of OSB Group despite the lender's unscheduled 6 July update.

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OSB warns of £180m hit to H1 results, shares tank

7th Jul 2023 09:10

(Sharecast News) - OSB Group tanked on Friday after it warned of an adverse effective interest rate (EIR) adjustment of around £160m to £180m in the first half of 2023 on an underlying basis.

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OSB buys back another 314,000 shares

4th Jul 2023 08:53

(Sharecast News) - Financial services provider OSB Group announced the completion of the latest repurchase of its own shares on Tuesday.

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OSB lifts loan book outlook on higher rates, mortgage demand

3rd May 2023 08:19

(Sharecast News) - Buy-to-let lender OSB Group lifted its full-year outlook for underlying net loan book growth on Wednesday as interest rates and mortgage loan demand both rose.

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Berenberg raises target price on OSB Group

17th Apr 2023 13:03

(Sharecast News) - Analysts at Berenberg raised their target price on financial services firm OSB Group from 750.0p to 800.0p on Monday, stating the group was "sustainably strong" and "unsustainably cheap".

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OSB Group reports record profit before tax

16th Mar 2023 10:25

(Sharecast News) - Specialist lending and retail savings provider OSB Group reported a record profit before tax of £591.1m in its preliminary results on Thursday, a 13% increase from 2021.

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Investec cuts Close Brothers to 'sell'

14th Nov 2022 11:37

(Sharecast News) - Investec cut its rating on Close Brothers Group to 'sell' on Monday, after a spike in the merchant bank's share price.

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OSB holds guidance as loans increase

3rd Nov 2022 07:28

(Sharecast News) - Specialist lender OneSavingsBank said it was on track to deliver its 2022 full year guidance, despite macroeconomic instability and rising interest rates.

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Virgin Money will struggle to re-rate, says Berenberg

26th Sep 2022 10:33

(Sharecast News) - Virgin Money tumbled on Monday as Berenberg re-established coverage of the shares at 'hold' from 'under review', saying the bank will struggle to re-rate given potential revenue headwinds and a sector-lagging return on tangible equity.

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OSB reports record first-half underlying profit

11th Aug 2022 08:53

(Sharecast News) - Specialist lender and retail savings provider OSB Group reported a 16% improvement in underlying profit before tax in its first half on Thursday, to a record £294.1m.

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OSB Group delivers 'strong' Q1 financial and operational performance

4th May 2022 08:41

(Sharecast News) - Lending and retail savings group OSB said on Wednesday that its recent "strong financial and operational performance" had continued throughout the first quarter of 2022.

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Liberum upgrades Close Brothers to 'buy'

1st Apr 2022 13:55

(Sharecast News) - Liberum upgraded Close Brothers to 'buy' from 'hold' on Friday, arguing that the recent share price fall was overdone.

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OSB posts record full-year profits

17th Mar 2022 07:46

(Sharecast News) - Specialist lending and retail savings group OSB posted record full-year profits on Thursday as it announced a £100m share buyback.

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OSB posts record full-year profits

17th Mar 2022 07:46

(Sharecast News) - Specialist lending and retail savings group OSB posted record full-year profits on Thursday as it announced a £100m share buyback.

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Sunday share tips: Games Workshop, OSB Group

14th Nov 2021 17:09

(Sharecast News) - The Sunday Times's Robert Watts sounded the retreat for investors in shares of Games Workshop, the maker of table-top figurines for The Lord of the Rings, Warhammer and other fantasy settings.

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