Old Mutual plc Stock Rating Reaffirmed by Oriel Securities Ltd (OML)
Old Mutual plc (LON:OML)‘s stock had its “buy” rating restated by equities researchers at Oriel Securities Ltd in a research report issued on Wednesday. They currently have a GBX 230 ($3.86) price target on the stock. Oriel Securities Ltd’s price target would suggest a potential upside of 15.70% from the company’s current price.
Shares of Old Mutual plc (LON:OML) opened at 200.10 on Wednesday. Old Mutual plc has a 1-year low of GBX 168.10 and a 1-year high of GBX 211.521. The stock has a 50-day moving average of GBX 201.3 and a 200-day moving average of GBX 193.3. The company’s market cap is £8.900 billion.
A number of other analysts have also recently weighed in on OML. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Old Mutual plc in a research note on Tuesday. They now have a GBX 230 ($3.86) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Old Mutual plc in a research note on Wednesday, May 14th. They now have a GBX 223 ($3.74) price target on the stock. Finally, analysts at SBG Securities reiterated a “buy” rating on shares of Old Mutual plc in a research note on Tuesday, May 13th. They now have a GBX 225 ($3.77) price target on the stock. One investment analyst has rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the company’s stock. Old Mutual plc presently has a consensus rating of “Buy” and a consensus price target of GBX 213.90 ($3.59).
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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