Old Mutual plc Given Average Rating of “Buy” by Brokerages (LON:OML)
Shares of Old Mutual plc (LON:OML) have earned a consensus rating of “Buy” from the fourteen ratings firms that are currently covering the stock, ARN reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and ten have issued a buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 213.39 ($3.65).
Old Mutual plc (LON:OML) opened at 199.30 on Friday. 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. and a 200-day moving average of GBX 194.6. The company’s market cap is £8.865 billion.
OML has been the subject of a number of recent research reports. Analysts at Barclays reiterated an “overweight” rating on shares of Old Mutual plc in a research note on Thursday, July 10th. Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Old Mutual plc in a research note on Tuesday, July 8th. They now have a GBX 230 ($3.94) price target on the stock. Finally, 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.
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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