Barclays reissued their overweight rating on shares of Old Mutual plc (LON:OML) in a research report sent to investors on Monday morning, AnalystRatings.Net reports. The firm currently has a GBX 210 ($2.99) price target on the stock.

Old Mutual plc (LON:OML) traded up 1.06% during mid-day trading on Monday, hitting GBX 161.40. The stock had a trading volume of 12,908,541 shares. The company has a 50-day moving average price of GBX 164.99 and a 200 day moving average price of GBX 195.03. The company’s market cap is GBX 7.42 billion. Old Mutual plc has a 1-year low of GBX 148.07 and a 1-year high of GBX 241.60.

In related news, insider Cruz,Zoe bought 34,500 shares of Old Mutual plc stock in a transaction that occurred on Friday, November 13th. The stock was purchased at an average cost of GBX 191 ($2.72) per share, with a total value of £65,895 ($93,880.89). Also, insider Nyembezi-Heita,Nonkululeko bought 3,420 shares of Old Mutual plc stock in a transaction that occurred on Wednesday, November 18th. The stock was bought at an average cost of GBX 200 ($2.85) per share, with a total value of £6,840 ($9,744.98).

Other research analysts have also recently issued research reports about the stock. Sanford C. Bernstein reiterated an outperform rating and issued a GBX 235 ($3.35) target price on shares of Old Mutual plc in a research note on Monday, October 5th. AlphaValue reiterated a buy rating and issued a GBX 210 ($2.99) target price on shares of Old Mutual plc in a research note on Thursday, December 24th. RBC Capital cut shares of Old Mutual plc from a sector perform rating to an underperform rating and cut their target price for the company from GBX 200 ($2.85) to GBX 180 ($2.56) in a research note on Thursday, December 10th. Finally, Goldman Sachs reiterated a buy rating and issued a GBX 225 ($3.21) target price on shares of Old Mutual plc in a research note on Friday, October 9th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the stock. Old Mutual plc currently has an average rating of Hold and an average price target of GBX 213.34 ($3.04).

Old Mutual plc is a South Africa-based mutual life insurance company. The Company’s primary business activities are life assurance, asset management business, banking, and property and casualty. The Company operates under the following four business divisions. Old Mutual Emerging Markets division provides long-term savings, protection, investment and lending solutions. Nedbank division provides wholesale and retail banking services and an insurance, asset management and wealth offering. Old Mutual Wealth division provides integrated wealth management products, services and advice, combining asset management, as well as saving and investment solutions to affluent and high net worth clients in the United Kingdom, Europe and selected international markets. Institutional Asset Management division provides investment strategies and products, operating as OM Asset Management in the United States, and delivered via a multi-boutique model to institutional investors around the world.

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