Old Mutual plc Receives “Outperform” Rating from Sanford C. Bernstein (OML)
Old Mutual plc (LON:OML)‘s stock had its “outperform” rating restated by Sanford C. Bernstein in a research note issued on Monday. They currently have a GBX 230 ($3.91) price objective on the stock. Sanford C. Bernstein’s price objective points to a potential upside of 15.12% from the company’s current price.
OML has been the subject of a number of other 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 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 ($3.43) price target on the stock. Finally, 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 ($3.91) price target on the stock. One research analyst has rated the stock with a sell rating, three have given a hold rating and ten have issued a buy rating to the company. Old Mutual plc presently has a consensus rating of “Buy” and an average price target of GBX 213.39 ($3.62).
Old Mutual plc (LON:OML) traded down 0.60% during mid-day trading on Monday, hitting GBX 200.10. The stock had a trading volume of 6,267,688 shares. Old Mutual plc has a 1-year low of GBX 168.10 and a 1-year high of GBX 211.521. The stock’s 50-day moving average is GBX 198.5 and its 200-day moving average is GBX 195.3. The company’s market cap is £8.900 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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