Old Mutual plc (LON:OML)’s share price was down 0% on Friday . The company traded as low as GBX 239.03 ($3.24) and last traded at GBX 240.30 ($3.26). Approximately 8,260,000 shares traded hands during mid-day trading, a decline of 17% from the average daily volume of 9,990,000 shares. The stock had previously closed at GBX 240.40 ($3.26).

A number of equities analysts have recently weighed in on OML shares. Deutsche Bank reissued a “buy” rating and issued a GBX 245 ($3.32) price target on shares of Old Mutual in a report on Friday, November 17th. Shore Capital reissued a “buy” rating on shares of Old Mutual in a report on Tuesday, December 19th. Finally, Barclays boosted their price target on Old Mutual from GBX 188 ($2.55) to GBX 203 ($2.75) and gave the stock an “equal weight” rating in a report on Monday, December 11th. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 214.60 ($2.91).

The company has a market cap of $11,850.00 and a P/E ratio of 1,602.00.

In related news, insider Bruce Hemphill sold 182,263 shares of the company’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of GBX 193 ($2.62), for a total value of £351,767.59 ($477,037.69).

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Old Mutual Company Profile

Old Mutual plc is a United Kingdom-based holding company. The Company’s business activities include life assurance, banking, and property and casualty The Company’s segments include Emerging Markets, Nedbank, and Old Mutual Wealth. The Other segment includes central activities. The Emerging Markets segment is engaged in providing life assurance, property and casualty, asset management and banking services.

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