OM Asset Management plc (NYSE:OMAM) : 1 brokerage houses believe that OM Asset Management plc (NYSE:OMAM) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on OM Asset Management plc (NYSE:OMAM). Zacks Investment Research suggests a Buy with a rank of 2.The median of all the 5 Wall Street Analysts endorse the stock as a Buy with a rating of 2.2.
OM Asset Management plc (NYSE:OMAM) : 3 investment research analysts covering OM Asset Management plc (NYSE:OMAM) have an average price target of $16.67 for the near short term. The highest target price given by the Brokerage Firm to the stock is $20 and the lowest target is $14 for the short term. Analysts expect the variance to be within $3.06 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. Also, Equity analysts at the Brokerage firm Citigroup maintains its rating on OM Asset Management plc (NYSE:OMAM). The rating major has initiated the coverage with buy rating on the shares. The Analysts at Citigroup raises the price target from $18 per share to $20 per share. The rating by the firm was issued on June 15, 2016.
OM Asset Management plc (NYSE:OMAM): stock turned positive on Tuesday. Though the stock opened at $13.05, the bulls momentum made the stock top out at $13.07 level for the day. The stock recorded a low of $12.795 and closed the trading day at $12.9, in the green by 0.16%. The total traded volume for the day was 1,003,018. The stock had closed at $12.88 in the previous days trading.
In an insider trading activity, Bain Peter L, director officer (Chief Executive Officer) of Om Asset Management Plc, unloaded 29,375 shares at an average price of $13.72 on April 18, 2016. The total amount of the transaction was worth $403,025, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
OM Asset Management plc is a multi-boutique asset management company. The Company operates its business through its seven affiliate firms (Affiliates). Its Affiliates include Acadian Asset Management LLC, a manager of global and international equity, fixed income and alternative strategies; Barrow, Hanley, Mewhinney & Strauss, LLC, an investment manager of the United States, international and global equities, fixed income and a range of balanced investment management strategies; Campbell Global, LLC, a timber and natural resource investment manager; Copper Rock Capital Partners LLC, an equity investment manager of small-cap international and global markets equity strategies; Heitman LLC, a real estate investment manager; Investment Counselors of Maryland, LLC, a domestic equity manager, and Thompson, Siegel & Walmsley LLC, an investment manager. Its affiliates offer a range of products in the United States markets equities and alternative investments, including timber and real estate.