Old Mutual Price Target Increased to $3.40 by Analysts at Goldman Sachs (OML)
Equities researchers at Goldman Sachs upped their target price on shares of Old Mutual (LON: OML) from $3.25 (216 GBX) to $3.40 (226 GBX) in a report issued on Wednesday. The firm currently has a “buy” rating on the stock.
Old Mutual opened at 212.60 on Wednesday. Old Mutual has a 52-week low of GBX 136.60 and a 52-week high of GBX 213.00. The stock’s 50-day moving average is currently GBX 172.0. The company’s market cap is £9.386 billion.
OML has been the subject of a number of other recent research reports. Analysts at UBS AG downgraded shares of Old Mutual to a “neutral” rating in a research note to investors on Monday. They now have a $3.23 price target on the stock, up previously from $3.08. Separately, analysts at Keefe, Bruyette & Woods reiterated an “underperform” rating on shares of Old Mutual in a research note to investors on Friday, March 1st. They now have a $2.02 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Old Mutual in a research note to investors on Wednesday, February 27th. They now have a $3.11 price target on the stock, up previously from $3.08.
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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