Old Mutual plc (OML) Given Buy Rating at Deutsche Bank AG
Deutsche Bank AG reaffirmed their buy rating on shares of Old Mutual plc (LON:OML) in a research note published on Friday morning. The firm currently has a GBX 245 ($3.22) price objective on the stock.
Several other research analysts have also commented on the stock. The Goldman Sachs Group, Inc. restated a neutral rating and issued a GBX 205 ($2.70) price objective on shares of Old Mutual plc in a report on Tuesday, September 12th. Shore Capital restated a buy rating on shares of Old Mutual plc in a report on Friday, August 11th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. Old Mutual plc currently has an average rating of Hold and an average price target of GBX 216.50 ($2.85).
Shares of Old Mutual plc (OML) traded up GBX 1.90 ($0.02) during midday trading on Friday, reaching GBX 190.70 ($2.51). 8,594,479 shares of the company’s stock traded hands, compared to its average volume of 8,220,000. Old Mutual plc has a 1-year low of GBX 182.30 ($2.40) and a 1-year high of GBX 229.84 ($3.02).
In other news, insider Bruce Hemphill sold 182,263 shares of the company’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of GBX 193 ($2.54), for a total value of £351,767.59 ($462,669.46).
Old Mutual plc Company Profile
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.
Receive News & Ratings for Old Mutual plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Old Mutual plc and related companies with MarketBeat.com's FREE daily email newsletter.