Old Mutual plc (LON:OML) Given Neutral Rating at Goldman Sachs Group, Inc. (The)

Goldman Sachs Group, Inc. (The) reissued their neutral rating on shares of Old Mutual plc (LON:OML) in a research note published on Tuesday, September 12th. The firm currently has a GBX 205 ($2.76) price target on the stock.

A number of other brokerages have also weighed in on OML. Deutsche Bank AG reiterated a buy rating and issued a GBX 230 ($3.10) price target on shares of Old Mutual plc in a report on Monday, August 14th. Shore Capital reiterated a buy rating on shares of Old Mutual plc in a report on Friday, August 11th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The company has a consensus rating of Hold and a consensus target price of GBX 214 ($2.89).

Shares of Old Mutual plc (LON OML) opened at 195.20 on Tuesday. Old Mutual plc has a 12-month low of GBX 182.30 and a 12-month high of GBX 229.84. The firm’s 50-day moving average price is GBX 202.89 and its 200 day moving average price is GBX 201.17. The company’s market cap is GBX 9.15 billion.

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The firm also recently announced a dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Thursday, September 21st will be paid a GBX 3.53 ($0.05) dividend. This represents a dividend yield of 1.69%. The ex-dividend date is Thursday, September 21st. This is an increase from Old Mutual plc’s previous dividend of $3.39.

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.

Analyst Recommendations for Old Mutual plc (LON:OML)

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