Old Mutual plc Receives “Neutral” Rating from Nomura (OML)
Old Mutual plc (LON:OML)‘s stock had its “neutral” rating reiterated by investment analysts at Nomura in a note issued to investors on Thursday. They currently have a GBX 202 ($3.44) target price on the stock. Nomura’s target price points to a potential upside of 1.10% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Old Mutual plc in a research note on Wednesday, June 25th. They now have a GBX 230 ($3.92) price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Old Mutual plc in a research note on Wednesday, June 4th. They now have a GBX 230 ($3.92) price target on the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of GBX 213.90 ($3.64).
Old Mutual plc (LON:OML) opened at 200.50 on Thursday. Old Mutual plc has a 52 week low of GBX 168.10 and a 52 week high of GBX 211.521. The stock has a 50-day moving average of GBX 199.8 and a 200-day moving average of GBX 194.0. The company’s market cap is £8.918 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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