Old Mutual Ltd 18.1% potential upside indicated by Barclays

Old Mutual Ltd with ticker (LON:OMU) now has a potential upside of 18.1% according to Barclays.



Barclays set a target price of 59 GBX for the company, which when compared to the Old Mutual Ltd share price of 50 GBX at opening today (19/09/2023) indicates a potential upside of 18.1%. Trading has ranged between 43 (52 week low) and 58 (52 week high) with an average of 100,272 shares exchanging hands daily. The market capitalisation at the time of writing is £59,457,948,000.

Old Mutual Limited (OML) is a financial services company. The Company offers a range of financial solutions to retail and corporate customers across markets in 14 countries. Its businesses include savings and protection, investments, lending and banking. Its operations are in South Africa and the Rest of Africa and it has business in Asia. Its segments include Mass And Foundation Cluster, which provides financial products to retail customers; Personal Finance and Wealth Management provides financial advice and range of insurance and investment solutions; Old Mutual Investments provides a broad range of asset management solutions and services; Old Mutual Corporate provides group assurance, investments and advisory solutions to enterprises and small, medium and micro enterprise (SMMEs); Old Mutual Insure Provides a comprehensive range of short-term insurance solutions and Rest Of Africa offers range of financial solutions to retail customers, corporate and government institutions.