Old Mutual Stock Rating Reaffirmed by Investec (OML)
Investec reiterated their hold rating on shares of Old Mutual (LON: OML) in a research report sent to investors on Friday morning, Analyst Ratings Network reports. The firm currently has a GBX 222.60 ($3.46) price target on the stock.
Shares of Old Mutual (LON: OML) traded up 2.45% during mid-day trading on Friday, hitting GBX 213.20. Old Mutual has a one year low of GBX 101.90 and a one year high of GBX 181.693. The stock’s 50-day moving average is currently GBX 172.0. The company’s market cap is £9.770 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a buy rating on shares of Old Mutual in a research note to investors on Monday, April 22nd. They now have a GBX 230 ($3.58) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated a market perform rating on shares of Old Mutual in a research note to investors on Thursday, April 11th. They now have a GBX 174.97 ($2.72) 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 Thursday, March 28th. They now have a GBX 218.42 ($3.40) price target on the stock.
Two investment analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. Old Mutual has an average rating of Hold and a consensus target price of GBX 204.81 ($3.19).
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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