Zacks Investment Research downgraded OM Asset Management PLC (NYSE:OMAM) to Hold in a report released today.
- Updated: October 8, 2016
Yesterday OM Asset Management PLC (NYSE:OMAM) traded -0.35% lower at $13.85. The company’s 50-day moving average is $13.50 and its 200-day moving average is $13.71. The last stock close price is up 2.78% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 86,004 shares of the stock were exchanged, down from an average trading volume of 152,072
Zacks Investment Research has downgraded OM Asset Management PLC (NYSE:OMAM) to Hold in a report released on Thursday October 06, 2016.
Previously on 10/5/2016, Zacks Investment Research reported about OM Asset Management PLC (NYSE:OMAM) raised the target price from $0.00 to $16.00. At the time, this indicated a possible upside of 0.16%.
With a total market value of $0, OM Asset Management PLC has price-earnings ratio of 12.21 with a one year low of $10.27 and a one year high of $17.04 .
A total of 8 analysts have released a report on OM Asset Management PLC. 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 12-month price target of $15.38.
More About OM Asset Management PLC (NYSE:OMAM)
OM Asset Management plc is a multi-boutique asset management company. The Company operates its business through its approximately seven affiliate firms (Affiliates). The Company is an indirect subsidiary of Old Mutual plc, which is an investment, savings, insurance and banking group. The Company's Affiliates include Acadian Asset Management LLC (Acadian), Barrow, Hanley, Mewhinney & Strauss, LLC (Barrow Hanley), Campbell Global, LLC (Campbell Global), Copper Rock Capital Partners LLC, Heitman LLC, Investment Counselors of Maryland, LLC and Thompson, Siegel & Walmsley LLC. Its affiliates offer a range of products in the United States markets equities and alternative investments, including timber and real estate. Acadian is a manager of global and international equity, fixed income and alternative strategies. Barrow Hanley is an investment manager of the United States, international and global equities, fixed income and a range of balanced investment management strategies.
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