Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $17.21 on OM Asset Management plc (NYSE:OMAM) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $1.20 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of OM Asset Management plc (NYSE:OMAM) stands at 11.81.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For OM Asset Management plc Ordinar, the PEG ratio for coming 3-5 years is 1.33.
The technical analysis highlights that OM Asset Management plc Ordinar current is trading $0.03 points away or +0.19% from its 50-day moving average of $13.60. Further it is trading $0.43 or +3.25% away its 200-day moving average of $13.20.
The 52-week high of OM Asset Management plc (NYSE:OMAM) was $17.72 while lowest point recorded in 52-week was $10.27. It implies if stock price makes a movement of over $-4.09, it will record a new 52-week high. In the case of +32.72% drop, it will touch a new 52-week low.
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