Old Mutual plc (LON:OML) Receives “Neutral” Rating from Goldman Sachs Group, Inc. (The)
Old Mutual plc (LON:OML)‘s stock had its “neutral” rating reaffirmed by Goldman Sachs Group, Inc. (The) in a research report issued to clients and investors on Tuesday. They presently have a GBX 205 ($2.66) price objective on the stock. Goldman Sachs Group, Inc. (The)’s price objective would indicate a potential upside of 5.45% from the stock’s current price.
Several other equities research analysts have also recently weighed in on OML. Royal Bank Of Canada boosted their price target on shares of Old Mutual plc from GBX 160 ($2.07) to GBX 180 ($2.33) and gave the stock an “underperform” rating in a research report on Friday, March 17th. Deutsche Bank AG restated a “buy” rating and issued a GBX 240 ($3.11) price target on shares of Old Mutual plc in a research report on Monday, March 27th. Finally, Shore Capital restated a “buy” rating on shares of Old Mutual plc in a research report on Friday, April 28th. One 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 presently has a consensus rating of “Hold” and a consensus target price of GBX 210.80 ($2.73).
Shares of Old Mutual plc (LON:OML) opened at 195.70 on Tuesday. The stock’s market cap is GBX 9.17 billion. Old Mutual plc has a 52 week low of GBX 180.70 and a 52 week high of GBX 229.84. The stock has a 50 day moving average of GBX 196.30 and a 200-day moving average of GBX 204.65.
TRADEMARK VIOLATION WARNING: This story was posted by American Banking News and is the sole property of of American Banking News. If you are viewing this story on another site, it was illegally copied and reposted in violation of international copyright laws. The original version of this story can be viewed at https://www.americanbankingnews.com/2017/07/04/old-mutual-plc-lonoml-receives-neutral-rating-from-goldman-sachs-group-inc-the.html.
About Old Mutual plc
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.
Receive News & Ratings for Old Mutual plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Old Mutual plc and related companies with MarketBeat.com's FREE daily email newsletter.