Barclays Capital reissued their equal weight rating on shares of Old Mutual (LON:OML) in a research note released on Monday morning, AnalystRatingsNetwork reports. They currently have a GBX 183 ($2.79) target price on the stock.
Barclays Capital has also modified their ratings on a number of other stocks in the few days. The firm reiterated its equal weight rating on shares of AUTOLIV INC. They have a $78.00 price target on that stock. Also, Barclays Capital reiterated its buy rating on shares of The Blackstone Group L.P.. They have a $27.00 price target on that stock. Finally, Barclays Capital raised its price target on shares of Kinder Morgan Energy Partners LP from $43.00 to $44.00. They have an overweight rating on that stock.
A number of other analysts have also recently weighed in on OML. Analysts at Sanford C. Bernstein reiterated a market perform rating on shares of Old Mutual in a research note to investors on Wednesday, June 12th. They now have a GBX 190 ($2.90) price target on the stock. Separately, analysts at Deutsche Bank reiterated a buy rating on shares of Old Mutual in a research note to investors on Friday, May 10th. They now have a GBX 240 ($3.66) price target on the stock. Finally, analysts at JP Morgan Cazenove raised their price target on shares of Old Mutual from GBX 209 ($3.19) to GBX 215 ($3.28) in a research note to investors on Wednesday, May 8th. They now have a neutral rating on the stock.
Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of GBX 206.80 ($3.16).
Old Mutual (LON: OML) opened at 198.90 on Monday. Old Mutual has a 52-week low of GBX 151.30 and a 52-week high of GBX 223.90. The stock’s 50-day moving average is currently GBX 172.0. The company’s market cap is £9.115 billion.
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.