Keefe, Bruyette & Woods Reaffirms Underperform Rating on Old Mutual (OML)
Old Mutual (LON: OML)‘s stock had its “underperform” rating reiterated by investment analysts at Keefe, Bruyette & Woods in a note issued to investors on Monday. They currently have a $2.45 (152 GBX) target price on the stock.
Old Mutual opened at 170.025 on Monday. Old Mutual has a 1-year low of GBX 136.60 and a 1-year high of GBX 181.693. The company’s market cap is £8.091 billion.
A number of other firms have also recently commented on OML. Analysts at Investec reiterated a “hold” rating on shares of Old Mutual in a research note to investors on Wednesday, September 5th. They now have a $2.82 price target on the stock. Separately, analysts at JPMorgan Chase reiterated an “overweight” rating on shares of Old Mutual in a research note to investors on Wednesday, August 22nd. They now have a $3.05 price target on the stock. Finally, analysts at AlphaValue reiterated a “reduce” rating on shares of Old Mutual in a research note to investors on Thursday, August 23rd. They now have a $2.56 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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