Old Mutual plc Stock Rating Reaffirmed by Goldman Sachs (OML)
Old Mutual plc (LON:OML)‘s stock had its “buy” rating restated by equities researchers at Goldman Sachs in a research report issued on Thursday, AnalystRatings.NET reports. They currently have a GBX 224 ($3.76) price objective on the stock. Goldman Sachs’ price target suggests a potential upside of 15.11% from the stock’s previous close.
OML has been the subject of a number of other recent research reports. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Old Mutual plc in a research note on Tuesday, April 8th. They now have a GBX 230 ($3.86) price target on the stock. Finally, analysts at RBC Capital reiterated a “neutral” rating on shares of Old Mutual plc in a research note on Friday, March 28th. They now have a GBX 210 ($3.53) price target on the stock. One investment analyst has rated the stock with a sell rating, two have given a hold rating and ten have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of GBX 213.81 ($3.59).
Shares of Old Mutual plc (LON:OML) traded down 0.46% during mid-day trading on Thursday, hitting GBX 194.60. 9,333,484 shares of the company’s stock traded hands. Old Mutual plc has a 1-year low of GBX 168.10 and a 1-year high of GBX 223.90. The stock has a 50-day moving average of GBX 197.5 and a 200-day moving average of GBX 192.. The company’s market cap is £8.656 billion.
Old Mutual plc is an international long-term savings, investment and protection company. The Company provides short-term insurance solutions in southern Africa through Mutual & Federal.
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