Barclays Trims Old Mutual (OTCMKTS:ODMUF) Target Price to GBX 62

Old Mutual (OTCMKTS:ODMUFGet Rating) had its target price reduced by Barclays from GBX 63 ($0.74) to GBX 62 ($0.73) in a research note issued to investors on Tuesday, The Fly reports.

Separately, Citigroup assumed coverage on Old Mutual in a research report on Tuesday, October 11th. They issued a neutral rating on the stock.

Old Mutual Stock Performance

Shares of Old Mutual stock opened at $0.65 on Tuesday. The business’s fifty day moving average price is $0.45 and its 200 day moving average price is $0.51. Old Mutual has a twelve month low of $0.40 and a twelve month high of $0.70.

Old Mutual Company Profile

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Old Mutual Limited, through its subsidiaries, provides financial services primarily in South Africa and rest of Africa. The company operates through Mass and Foundation Cluster, Personal Finance and Wealth Management, Old Mutual Investments, Old Mutual Corporate, Old Mutual Insure, and Rest of Africa segments.

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