Other equities research analysts also recently issued reports about the company. Beaufort Securities reissued a buy rating on shares of Old Mutual plc in a report on Friday, August 12th. Shore Capital reissued a buy rating on shares of Old Mutual plc in a report on Thursday, August 11th. Goldman Sachs Group Inc. reissued a neutral rating and issued a GBX 208 ($2.57) price objective on shares of Old Mutual plc in a report on Wednesday, June 29th. Finally, Barclays PLC increased their price objective on Old Mutual plc from GBX 220 ($2.72) to GBX 230 ($2.85) and gave the company an overweight rating in a report on Wednesday, June 29th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company. Old Mutual plc presently has a consensus rating of Hold and an average target price of GBX 199.97 ($2.47).
Shares of Old Mutual plc (LON:OML) opened at 194.60 on Tuesday. Old Mutual plc has a 1-year low of GBX 148.07 and a 1-year high of GBX 225.61. The firm’s market cap is GBX 9.12 billion. The company has a 50-day moving average of GBX 197.95 and a 200-day moving average of GBX 193.07.
The firm also recently disclosed a dividend, which will be paid on Friday, October 28th. Shareholders of record on Thursday, September 22nd will be given a GBX 2.67 ($0.03) dividend. This represents a yield of 1.23%. The ex-dividend date is Thursday, September 22nd.
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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