Barclays Reaffirms Equal weight Rating for Old Mutual (OML)

Old Mutual (LON:OML)‘s stock had its “equal weight” rating reiterated by analysts at Barclays in a research report issued to clients and investors on Thursday. They currently have a GBX 203 ($2.85) target price on the stock. Barclays’ price target would indicate a potential downside of 13.25% from the company’s previous close.

A number of other research analysts also recently commented on the company. Shore Capital reaffirmed a “buy” rating on shares of Old Mutual in a research note on Tuesday, December 19th. Deutsche Bank reaffirmed a “buy” rating and issued a GBX 245 ($3.44) price target on shares of Old Mutual in a research note on Friday, November 17th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 214.60 ($3.01).

Old Mutual (OML) opened at GBX 234 ($3.29) on Thursday. The company has a market capitalization of $11,540.00 and a PE ratio of 1,560.00. Old Mutual has a 52 week low of GBX 184.20 ($2.59) and a 52 week high of GBX 242 ($3.40).

In other Old Mutual news, insider Bruce Hemphill sold 182,263 shares of the business’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of GBX 193 ($2.71), for a total transaction of £351,767.59 ($493,986.22).

WARNING: This report was reported by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this report on another publication, it was illegally copied and republished in violation of international trademark & copyright laws. The original version of this report can be viewed at

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.

Analyst Recommendations for Old Mutual (LON:OML)

Receive News & Ratings for Old Mutual Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Old Mutual and related companies with's FREE daily email newsletter.

Leave a Reply