Old Mutual plc (OML) Given Average Rating of “Hold” by Brokerages
Old Mutual plc (LON:OML) has earned an average rating of “Hold” from the seven brokerages that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 210.80 ($2.67).
OML has been the subject of several analyst reports. Goldman Sachs Group, Inc. (The) cut their target price on Old Mutual plc from GBX 230 ($2.91) to GBX 205 ($2.59) and set a “neutral” rating for the company in a research report on Monday, May 8th. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 240 ($3.04) price objective on shares of Old Mutual plc in a research report on Monday, March 27th. Royal Bank Of Canada boosted their target price on Old Mutual plc from GBX 160 ($2.02) to GBX 180 ($2.28) and gave the stock an “underperform” rating in a research report on Friday, March 17th. Finally, Shore Capital restated a “buy” rating on shares of Old Mutual plc in a research report on Friday, April 28th.
Shares of Old Mutual plc (OML) opened at 198.70 on Monday. The firm has a 50-day moving average price of GBX 195.34 and a 200 day moving average price of GBX 204.18. Old Mutual plc has a 12 month low of GBX 171.00 and a 12 month high of GBX 229.84. The firm’s market capitalization is GBX 9.31 billion.
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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.
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