Old Mutual plc’s (OML) “Neutral” Rating Reaffirmed at JPMorgan Chase & Co.
Several other equities research analysts also recently commented on the stock. Beaufort Securities reaffirmed a buy rating on shares of Old Mutual plc in a research note on Friday, August 12th. Shore Capital reissued a buy rating on shares of Old Mutual plc in a research report on Thursday, August 11th. Goldman Sachs Group Inc. reissued a neutral rating and set a GBX 208 ($2.57) price objective on shares of Old Mutual plc in a research report on Wednesday, June 29th. Finally, Barclays PLC increased their price objective on shares of Old Mutual plc from GBX 220 ($2.72) to GBX 230 ($2.85) and gave the stock an overweight rating in a research report on Wednesday, June 29th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the stock. Old Mutual plc currently has a consensus rating of Hold and an average price target of GBX 199.97 ($2.47).
Old Mutual plc (LON:OML) traded down 1.72% during midday trading on Tuesday, hitting GBX 194.30. The stock had a trading volume of 6,494,441 shares. The company’s market cap is GBX 9.10 billion. The stock’s 50 day moving average price is GBX 198.54 and its 200-day moving average price is GBX 193.10. Old Mutual plc has a 52 week low of GBX 148.07 and a 52 week high of GBX 225.61.
The firm also recently announced a dividend, which will be paid on Friday, October 28th. Investors of record on Thursday, September 22nd will be given a dividend of GBX 2.67 ($0.03) per share. The ex-dividend date is Thursday, September 22nd. This represents a yield of 1.23%.
About Old Mutual plc
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.
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