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OM Asset Management PLC (NYSE:OMAM) has been upgraded to Buy in a statement by ValuEngine earlier today.

ValuEngine has upgraded OM Asset Management PLC (NYSE:OMAM) to Buy in a statement released on Tuesday June 20, 2017.

Boasting a price of $14.62, OM Asset Management PLC (NYSE:OMAM) traded 0.66% higher on the day. With the last close down -6.12% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. OM Asset Management PLC has recorded a 50-day average of $13.86 and a two hundred day average of $14.62. Volume of trade was up over the average, with 2,564,900 shares of OMAM changing hands over the typical 641,875

Performance Chart

OM Asset Management PLC (NYSE:OMAM)

With a total market value of $0, OM Asset Management PLC has price-earnings ratio of 17.36 with a one year low of $12.10 and a one year high of $16.01 .

A total of 8 analysts have released a research note on OMAM. Two analysts rating the company a strong buy, four analysts rating the company a buy, three analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $15.38.

More About OM Asset Management PLC (NYSE:OMAM)

OM Asset Management plc is a global, diversified, multi-boutique asset management company. As of December 31, 2016, the Company operated its business through its eight Affiliates, each of which operated autonomously and employed its own investment processes. Its Affiliates include Acadian Asset Management LLC; Barrow, Hanley, Mewhinney & Strauss, LLC; Campbell Global, LLC; Copper Rock Capital Partners LLC; Heitman LLC; Investment Counselors of Maryland, LLC; Landmark Partners, LLC, and Thompson, Siegel & Walmsley LLC. It works with boutique asset managers, and the Company leverages the resources within its organization to engage with its Affiliates and provide them with capabilities unavailable to specialist asset management firms. The Company works with its Affiliates to identify and execute upon opportunities for their businesses in areas, such as business line expansion and product development, as well as activities required for the operation of investment boutiques.

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