Old Mutual plc (LON:OML) Given Consensus Rating of “Hold” by Brokerages
Old Mutual plc (LON:OML) has received an average rating of “Hold” from the eight brokerages that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and four have assigned 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 215.67 ($2.81).
Several research firms recently weighed in on OML. Goldman Sachs Group, Inc. (The) reduced their price target on shares of Old Mutual plc from GBX 230 ($3.00) to GBX 205 ($2.67) and set a “neutral” rating for the company in a research report on Monday, May 15th. Deutsche Bank AG restated a “hold” rating and set a GBX 240 ($3.13) price target on shares of Old Mutual plc in a research report on Friday, May 26th. Finally, Shore Capital restated a “buy” rating on shares of Old Mutual plc in a research report on Friday, April 28th.
Old Mutual plc (OML) opened at 206.60 on Tuesday. Old Mutual plc has a 12 month low of GBX 182.30 and a 12 month high of GBX 229.84. The company’s market cap is GBX 9.68 billion. The stock has a 50 day moving average of GBX 196.68 and a 200-day moving average of GBX 203.35.
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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