Old Mutual plc (OML) Receives Consensus Rating of “Hold” from Brokerages
Old Mutual plc (LON:OML) has been assigned a consensus rating of “Hold” from the seven brokerages that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is GBX 218.17 ($2.92).
Several research firms have weighed in on OML. Shore Capital reaffirmed a “buy” rating on shares of Old Mutual in a report on Tuesday, December 19th. Barclays raised their price target on Old Mutual from GBX 188 ($2.51) to GBX 203 ($2.71) and gave the company an “equal weight” rating in a report on Monday, December 11th. Deutsche Bank reaffirmed a “buy” rating and issued a GBX 245 ($3.28) price target on shares of Old Mutual in a report on Friday, November 17th. Finally, Goldman Sachs Group reaffirmed a “neutral” rating and issued a GBX 205 ($2.74) price target on shares of Old Mutual in a report on Tuesday, September 12th.
Shares of Old Mutual (LON OML) opened at GBX 225.40 ($3.01) on Friday. Old Mutual has a 1-year low of GBX 184.20 ($2.46) and a 1-year high of GBX 232.30 ($3.11). The firm has a market capitalization of $11,120.00 and a PE ratio of 1,502.67.
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About Old Mutual
Old Mutual plc is a United Kingdom-based holding company. The Company’s business activities include life assurance, banking, and property and casualty The Company’s segments include Emerging Markets, Nedbank, and Old Mutual Wealth. The Other segment includes central activities. The Emerging Markets segment is engaged in providing life assurance, property and casualty, asset management and banking services.
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