Credit Suisse Reiterates a Buy Rating on OM Asset Management

By Jason Carr

In a report issued on November 3, Craig Siegenthaler from Credit Suisse reiterated a Buy rating on OM Asset Management (NYSE: OMAM), with a price target of $15. The company’s shares closed last Friday at $12.20.

According to, Siegenthaler is a 1-star analyst with an average return of -1.4% and a 47.7% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as Huntington Bancshares Inc., Virtus Investment Partners, and Oaktree Capital Group Llc.

OM Asset Management has an analyst consensus of Moderate Buy.

The company has a one year high of $16.91 and a one year low of $10.27. Currently, OM Asset Management has an average volume of 150.8K.

Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is neutral on the stock. Most recently, in March 2016, Kyle Legg, a Director at OMAM sold 75 shares for a total of $875.

OM Asset Management Plc provides investment management services and products primarily to institutional clients. It offers services to predominantly institutional investors, in asset classes that include U.S. and other equities, fixed income, real estate and timber. It competes with other acquirers of investment management firms, including investment management holding companies, insurance companies, banks and private equity firms. The company was founded in May 2014 and is headquartered in London, the United Kingdom.