Old Mutual (OML) Stock Rating Reaffirmed by Shore Capital

Old Mutual (LON:OML)‘s stock had its “buy” rating reiterated by research analysts at Shore Capital in a research note issued to investors on Tuesday.

OML has been the subject of a number of other research reports. Deutsche Bank reiterated a “buy” rating and set a GBX 245 ($3.30) target price on shares of Old Mutual in a research report on Thursday, October 26th. Goldman Sachs Group reiterated a “neutral” rating and set a GBX 205 ($2.76) target price on shares of Old Mutual in a research report on Tuesday, September 12th. Finally, Barclays increased their target price on shares of Old Mutual from GBX 188 ($2.53) to GBX 203 ($2.73) and gave the stock an “equal weight” rating in a research report on Monday, December 11th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. Old Mutual has a consensus rating of “Hold” and a consensus target price of GBX 218.17 ($2.94).

Shares of Old Mutual (LON OML) opened at GBX 222 ($2.99) on Tuesday. Old Mutual has a 1 year low of GBX 184.20 ($2.48) and a 1 year high of GBX 229.84 ($3.09).

In other Old Mutual news, insider Bruce Hemphill sold 182,263 shares of the firm’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of GBX 193 ($2.60), for a total value of £351,767.59 ($473,442.25).

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About Old Mutual

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.

Analyst Recommendations for Old Mutual (LON:OML)

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