Old Mutual plc (LON:OML) shares traded down 0% during mid-day trading on Thursday . The company traded as low as GBX 196.10 ($2.58) and last traded at GBX 194.30 ($2.56). 5,302,978 shares changed hands during trading, a decline of 36% from the average session volume of 8,280,000 shares. The stock had previously closed at GBX 194.30 ($2.56).

A number of research analysts have issued reports on the stock. Deutsche Bank AG restated a “buy” rating and set a GBX 245 ($3.22) price target on shares of Old Mutual plc in a research note on Thursday, October 26th. Shore Capital restated a “buy” rating on shares of Old Mutual plc in a research note on Friday, August 11th. Finally, Goldman Sachs Group Inc restated a “neutral” rating and set a GBX 205 ($2.70) price target on shares of Old Mutual plc in a research note on Tuesday, September 12th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of GBX 216.50 ($2.85).

In other news, insider Bruce Hemphill sold 182,263 shares of the stock in a transaction on Monday, November 6th. The shares were sold at an average price of GBX 193 ($2.54), for a total value of £351,767.59 ($462,669.46).

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Old Mutual plc Company Profile

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.

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