OneSavings Bank Share News (OSB)

Liberum initiates coverage of challenger banks, prefers OneSavings

(ShareCast News) - Liberum initiated coverage of five challenger banks with three 'buy' recommendations and two 'hold' stances. The brokerage started OneSavings Bank, Shawbrook and Aldermore at 'buy' with price targets of 395p, 290p and 245p, respectively. It said OneSavings is making regulatory ch

Director dealings: OneSavings group misses out on upgrade uplift

(ShareCast News) - A group of OneSavings Bank directors missed out on thousands of pounds in the challenger bank as they sold just before its shares were lifted 7% by a broker upgrade on Tuesday. Commercial director Jens Bech sold more than £861,000 worth at 313p on Monday, while chief financial off

OneSavings Bank rallies on RBC upgrade to 'outperform'

(ShareCast News) - OneSavings Bank rallied on Tuesday as RBC Capital Markets upgraded the stock to 'outperform' from 'sector perform' and lifted the price target to 355p from 305p on higher forecasts and lower cost of equity. The bank said its downgrade of the stock to 'sector perform' last month wa

Aldermore First To Use Bank Of England's New Cheap Funding Scheme

FTSE 250 movers: Greencore and banks gain while gold miners fall

(ShareCast News) - The FTSE 250 index was in positive territory, just shy of 17,500, by the late afternoon on Monday. Irish food company Greencore led the risers, gaining on the back of jump in full-year revenue and earnings, a hike in its dividend and the proposed acquisition of Peacock Foods for a

Thursday newspaper share tips: Next, One Savings Bank

(ShareCast News) - Shares in Next have been battered as markets price-in its exposure to the fall in the pound, which will make sourcing from outside the UK dearer, but the share price drop had been overdone, The Times's Tempus said. Then there is the potential impact of higher inflation on consumer

OneSavings Bank confident of net loan growth by end of 2016

(ShareCast News) - OneSavings Bank said it was performing in line with expectations as it remains confident of achieving net loan growth by the end of the year. In a third quarter update, the FTSE 250 'challenger' bank reported that the underlying loan book grew by 13% for the nine months to Septemb

UK Dividends Calendar - Next 7 Days

Banks' mortgage approvals rebound from low, BBA data shows

(ShareCast News) - Mortgage approvals from high street banks rebounded slightly in September, according to data from high street banks, after hitting a 19-month low in August. The British Bankers' Association (BBA) revealed mortgage approval numbers in September of 38,252, which was up from 37,241 i

Credit Suisse sees rising risks for challengers banks Aldermore, Shawbrook

(ShareCast News) - OneSavings Bank received an upgrade but Aldermore and Shawbrook were downgraded by Credit Suisse as it warned the risks facing the UK's challenger banks were "becoming harder to ignore" heading into 2017. Following solid share price recoveries in recent months, the risk-reward for

BROKER RATINGS SUMMARY: Investec Starts Wolseley With Hold Rating

Barclays ups Aldermore and OneSavings to 'overweight'

(ShareCast News) - Barclays upgraded challenger banks Aldermore and OneSavings Bank to 'overweight' from 'equalweight' as it took a look at UK specialist lenders. It lifted its price target for Aldermore to 200p from 150p and said it should benefit from growth in the specialist buy-to-let and SME se

RBC ups targets on specialty lenders due to UK economic resilience

(ShareCast News) - Analysts at RBC revised their price targets for UK challenger banks higher as a result of the resilience shown thus far by the economy and the support provided by the Bank of England. The broker also revised its forecasts higher for Aldermore,Close Brothers and Shawbrook. "While

Sunday newspaper round-up: Sterling, PMIs, May's Brexit talks, GSK, Sports Direct

(ShareCast News) - Hedge funds and other speculators have cranked up bets against the pound to their highest-ever level as sterling rises close to a three-week high. Short positions on the pound worth $7.8bn (£5.9bn) were racked up last week - the largest ever, according to US data used by the Sunda

FTSE 250 movers: eOne too pricey for ITV, smaller banks a bargain says Merrill

(ShareCast News) - The FTSE fell along with much of the market on Thursday, with Entertainment One and Just Eat leading the way lower. Entertainment One, known as eOne and distributor of the 'David Brent: Life on the Road' film currently in cinemas, was sent skidding as ITV swerved a potential takeo