Old Mutual plc Receives Overweight Rating from Barclays (OML)
Old Mutual plc (LON:OML) traded down 1.06% during mid-day trading on Thursday, hitting GBX 195.60. The stock had a trading volume of 8,058,211 shares. Old Mutual plc has a 52-week low of GBX 168.10 and a 52-week high of GBX 211.521. The stock’s 50-day moving average is GBX 199.3 and its 200-day moving average is GBX 194.5. The company’s market cap is £8.700 billion.
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. They now have a GBX 230 ($3.95) price target on the stock. Separately, analysts at Nomura reiterated a “neutral” rating on shares of Old Mutual plc in a research note on Thursday, July 3rd. They now have a GBX 202 ($3.46) price target on the stock. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of GBX 213.39 ($3.66).
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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