Todays Report: Today, Analysts give average Rating of “Hold” to Old Mutual plc (OML)

Today, Analysts give average Rating of “Hold” to Old Mutual plc (OML)

Old Mutual plc (LON:OML) has been given an average recommendation of “Hold” by the ten brokerages that are covering the firm. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is GBX 202.10 ($2.53).

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Old Mutual plc in a research note on Tuesday, October 11th. Shore Capital reaffirmed a “buy” rating on shares of Old Mutual plc in a research note on Thursday, August 11th. Finally, Beaufort Securities reaffirmed a “buy” rating on shares of Old Mutual plc in a research note on Friday, August 12th.

In other news, insider Bruce Hemphill sold 133,963 shares of Old Mutual plc stock in a transaction on Monday, November 7th. The stock was sold at an average price of GBX 192 ($2.40), for a total value of £257,208.96 ($321,350.52). Also, insider Nonkululeko Nyembezi-Heita purchased 5,477 shares of the firm’s stock in a transaction dated Tuesday, October 25th. The stock was acquired at an average price of GBX 200 ($2.50) per share, for a total transaction of £10,954 ($13,685.66).

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