Barclays Capital Reaffirms Equalweight Rating on Old Mutual (OML)
Old Mutual (LON: OML)‘s stock had its “equalweight” rating reaffirmed by research analysts at Barclays Capital in a report released on Monday. They currently have a $2.95 (183 GBX) target price on the stock.
Shares of Old Mutual opened at 187.30 on Monday. Old Mutual has a one year low of GBX 136.60 and a one year high of GBX 184.90. The stock’s 50-day moving average is currently GBX 172.0. The company’s market cap is £8.914 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Old Mutual in a research note to investors on Thursday, December 6th. They now have a $2.82 price target on the stock. Separately, analysts at RBC Capital reiterated a “sector perform” rating on shares of Old Mutual in a research note to investors on Friday, November 30th. They now have a $3.05 price target on the stock. Finally, analysts at RBC Capital reiterated a “sector perform” rating on shares of Old Mutual in a research note to investors on Wednesday, November 14th. They now have a $3.02 price target on the stock.
Old Mutual plc is an international long-term savings, investment and protection company. The Company provides short-term insurance solutions in southern Africa through Mutual & Federal.
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