Old Mutual plc (OML) Given Average Rating of “Hold” by Analysts

Old Mutual plc (LON:OML) has earned an average recommendation of “Hold” from the eight brokerages that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is GBX 215.67 ($2.81).

A number of brokerages have commented on OML. Shore Capital reaffirmed a “buy” rating on shares of Old Mutual plc in a research note on Friday, April 28th. Deutsche Bank AG reissued a “hold” rating and set a GBX 240 ($3.13) target price on shares of Old Mutual plc in a research note on Friday, May 26th. Finally, Goldman Sachs Group, Inc. (The) reduced their price target on Old Mutual plc from GBX 230 ($3.00) to GBX 205 ($2.67) and set a “neutral” rating on the stock in a research note on Monday, May 15th.

Old Mutual plc (OML) traded down 0.10% during midday trading on Friday, reaching GBX 206.40. 4,625,271 shares of the company’s stock traded hands. Old Mutual plc has a 52-week low of GBX 182.30 and a 52-week high of GBX 229.84. The company’s market cap is GBX 9.67 billion. The stock has a 50-day moving average of GBX 196.95 and a 200 day moving average of GBX 203.33.

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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.

Analyst Recommendations for Old Mutual plc (LON:OML)

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