Old Mutual’s (LON:OML) Buy Rating Reiterated at Deutsche Bank

Deutsche Bank reissued their buy rating on shares of Old Mutual (LON:OML) in a report issued on Friday, November 17th, MarketBeat Ratings reports. The brokerage currently has a GBX 245 ($3.28) price objective on the stock.

A number of other analysts have also commented on the stock. Goldman Sachs Group reissued a neutral rating and issued a GBX 205 ($2.75) price objective on shares of Old Mutual in a report on Tuesday, September 12th. Shore Capital reaffirmed a buy rating on shares of Old Mutual in a report on Friday, August 11th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of Hold and an average target price of GBX 216.50 ($2.90).

Old Mutual (LON OML) opened at GBX 196 ($2.62) on Friday. Old Mutual has a 12 month low of GBX 182.30 ($2.44) and a 12 month high of GBX 229.84 ($3.08).

In other Old Mutual news, insider Bruce Hemphill sold 182,263 shares of the business’s stock in a transaction on Monday, November 6th. The shares were sold at an average price of GBX 193 ($2.58), for a total transaction of £351,767.59 ($471,096.28).

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About Old Mutual

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.

Analyst Recommendations for Old Mutual (LON:OML)

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