Key Investment Analysts at Bernstein Reconfirmed their ‘”Market Perform”’ rating for Old Mutual (LON:OML) Shares Today. Their Price Target Given is GBX 220


Old Mutual (LON:OML) Rating Reaffirmed

Recently, In a comprehensive report finalized on 7 December, Old Mutual (LON:OML) shares have had their “Market Perform” Rating has decided to restate by investment analysts at Bernstein, who currently has a GBX 220 target PPS on firm. This target by Bernstein would indicate the possibile upside of 8.80% from the stock price.

From a total of 9 analysts covering Old Mutual (LON:OML) stock, 5 rate it a ”Buy”, 2 a “Sell”, and 5 a ”Hold”. This means that 42% of the ratings are positive. The highest target price is GBX 255 while the lowest target price is GBX 165. The mean of all analyst targets is GBX 219.44 with a 12.82% above today’s (GBX 201.8) stock price. Old Mutual was the topic of 25 analyst reports since August 3, 2015 according to the firm StockzIntelligence Inc. Barclays Capital maintained shares on December 1 with “Overweight” rating. Barclays Capital maintained shares with “Overweight” rating and GBX 235 target share price in a report from a November 5. RBC Capital Markets maintained OML stock in a recent report from November 10 with “Sector Perform” rating. AlphaValue maintained the rating on August 20. AlphaValue has a “Reduce” rating and a GBX 210 price target on shares. Finally, Goldman Sachs maintained the stock with “Buy” rating in a report issued on an October 9.

Approximately 1.61M shares of stock traded hands. Old Mutual plc (LON:OML) has declined 14.91% since May 8, 2015 and is downtrending. It has underperformed by 13.83% the S&P500.

Key Investment Analysts at Bernstein Reconfirmed their ‘

Old Mutual plc is a South Africa-based mutual life insurance company. The company has a market cap of 9.95 billion GBP. The Company’s primary business activities are life assurance, asset management business, banking, and property and casualty. It has 14.53 P/E ratio. The Firm operates under the following four business divisions.