By Mark Dietrich
Sanford C. Bernstein restated their outperform rating on shares of Old Mutual plc (LON:OML) in a research note issued to investors on Thursday. The firm currently has a GBX 230 ($3.86) price target on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at SBG Securities reiterated a buy rating on shares of Old Mutual plc in a research note on Monday, August 4th. They now have a GBX 225 ($3.77) price target on the stock. Separately, analysts at Barclays reiterated an overweight rating on shares of Old Mutual plc in a research note on Thursday, July 10th. Finally, analysts at Nomura reiterated a neutral rating on shares of Old Mutual plc in a research note on Thursday, July 3rd. They now have a GBX 202 ($3.39) price target on the stock. One research analyst has rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has an average rating of Buy and an average target price of GBX 213.39 ($3.58).
Shares of Old Mutual plc (LON:OML) traded down 0.41% on Thursday, hitting GBX 193.60. The stock had a trading volume of 9,545,803 shares. Old Mutual plc has a 52-week low of GBX 168.10 and a 52-week high of GBX 211.521. The stock has a 50-day moving average of GBX 197.2 and a 200-day moving average of GBX 195.5. The company’s market cap is £8.638 billion.
The company also recently declared a dividend, which is scheduled for Friday, October 31st. Investors of record on Wednesday, September 24th will be given a dividend of GBX 2.45 ($0.04) per share. This represents a yield of 1.29%. The ex-dividend date is Wednesday, September 24th.
Old Mutual plc is an international long-term savings, investment and protection company. The Company provides short-term insurance solutions in southern Africa through Mutual & Federal.
Source: Watch List News
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