Finweek English Edition - - FEEDBACK - Grant Eck­er­s­ley

Fin­week re­cently men­tioned that SBG Se­cu­ri­ties had a “buy” rec­om­men­da­tion on Old Mu­tual with a tar­get price of £2.40. An up­dated re­port [from SBG] shows that the tar­get price is £2.60. This trans­lates into a 12-month tar­get price of R37.46 at the cur­rent ex­change rate of R14.41/£. It’s also in­ter­est­ing to note the pos­si­bil­ity of fur­ther spe­cial div­i­dends over the next three years.

SBG Se­cu­ri­ties

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