Old Mutual plc (LON:OML)‘s stock had its “hold” rating reaffirmed by analysts at Deutsche Bank AG in a report released on Friday. They presently have a GBX 240 ($3.12) price objective on the stock. Deutsche Bank AG’s price target points to a potential upside of 22.08% from the stock’s current price.

Several other equities research analysts have also recently commented on the company. Goldman Sachs Group Inc decreased their target price on Old Mutual plc from GBX 230 ($2.99) to GBX 205 ($2.67) and set a “neutral” rating for the company in a research note on Monday, May 15th. Shore Capital reaffirmed a “buy” rating on shares of Old Mutual plc in a research note on Friday, April 28th. Royal Bank of Canada raised their price objective on Old Mutual plc from GBX 160 ($2.08) to GBX 180 ($2.34) and gave the company an “underperform” rating in a research note on Friday, March 17th. Finally, JPMorgan Chase & Co. raised Old Mutual plc to an “overweight” rating and raised their price objective for the company from GBX 220 ($2.86) to GBX 236 ($3.07) in a research note on Friday, January 27th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 210.80 ($2.74).

Analyst Recommendations for Old Mutual plc (LON:OML)

Old Mutual plc (LON:OML) traded up 0.72% during trading on Friday, hitting GBX 196.60. The stock had a trading volume of 6,922,516 shares. The firm’s market capitalization is GBX 9.21 billion. The stock has a 50 day moving average of GBX 193.77 and a 200 day moving average of GBX 203.49. Old Mutual plc has a one year low of GBX 168.30 and a one year high of GBX 229.84.

The company also recently disclosed a dividend, which was paid on Friday, April 28th. Shareholders of record on Thursday, March 30th were paid a GBX 3.39 ($0.04) dividend. This represents a yield of 1.51%. The ex-dividend date of this dividend was Thursday, March 30th. This is a boost from Old Mutual plc’s previous dividend of $2.67.

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Old Mutual plc Company Profile

Old Mutual plc is a United Kingdom-based holding company. The Company’s business activities include life assurance, asset management business, banking, and property and casualty The Company’s segments include Emerging Markets, Nedbank, Old Mutual Wealth and Institutional Asset Management. The Other segment includes central activities.

12 Month Chart for LON:OML

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