Old Mutual plc’s (OML) Buy Rating Reiterated at Deutsche Bank AG

Deutsche Bank AG reaffirmed their buy rating on shares of Old Mutual plc (LON:OML) in a research note issued to investors on Friday, Marketbeat reports. The brokerage currently has a GBX 245 ($3.22) price objective on the stock.

Several other analysts have also issued reports on OML. Shore Capital reaffirmed a buy rating on shares of Old Mutual plc in a research note on Friday, August 11th. Goldman Sachs Group, Inc. (The) reaffirmed a neutral rating and issued a GBX 205 ($2.70) target price on shares of Old Mutual plc in a research note on Tuesday, September 12th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of GBX 216.50 ($2.85).

Shares of Old Mutual plc (LON:OML) opened at GBX 189.70 ($2.50) on Friday. Old Mutual plc has a 52 week low of GBX 182.30 ($2.40) and a 52 week high of GBX 229.84 ($3.02).

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In other news, insider Bruce Hemphill sold 182,263 shares of the stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of GBX 193 ($2.54), for a total transaction of £351,767.59 ($462,669.46).

Old Mutual plc Company Profile

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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