Old Mutual (OML) Trading 0% Higher
Old Mutual plc (LON:OML)’s share price traded up 0% on Friday . The stock traded as high as GBX 229 ($3.11) and last traded at GBX 228.80 ($3.10). 6,921,872 shares traded hands during trading, a decline of 31% from the average session volume of 10,080,000 shares. The stock had previously closed at GBX 228.80 ($3.10).
Several equities analysts have weighed in on the company. Shore Capital restated a “buy” rating on shares of Old Mutual in a report on Tuesday, December 19th. Barclays raised their price target on Old Mutual from GBX 188 ($2.55) to GBX 203 ($2.75) and gave the company an “equal weight” rating in a research report on Monday, December 11th. Finally, Deutsche Bank reaffirmed a “buy” rating and issued a GBX 245 ($3.32) price target on shares of Old Mutual in a research report on Thursday, November 2nd. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 218.17 ($2.96).
The stock has a market cap of $11,290.00 and a PE ratio of 1,525.33.
In other news, insider Bruce Hemphill sold 182,263 shares of the firm’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of GBX 193 ($2.62), for a total value of £351,767.59 ($477,037.69).
Old Mutual Company Profile
Old Mutual plc is a United Kingdom-based holding company. The Company’s business activities include life assurance, banking, and property and casualty The Company’s segments include Emerging Markets, Nedbank, and Old Mutual Wealth. The Other segment includes central activities. The Emerging Markets segment is engaged in providing life assurance, property and casualty, asset management and banking services.
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