Deutsche Bank AG reiterated their buy rating on shares of Direct Line Insurance Group PLC (LON:DLG) in a research note published on Friday, Marketbeat reports. Deutsche Bank AG currently has a GBX 390 ($5.08) price objective on the stock.
DLG has been the topic of several other reports. HSBC Holdings plc reiterated a buy rating and issued a GBX 372 ($4.85) target price on shares of Direct Line Insurance Group PLC in a research note on Tuesday, June 13th. Goldman Sachs Group, Inc. (The) reiterated a neutral rating and issued a GBX 370 ($4.82) target price on shares of Direct Line Insurance Group PLC in a research note on Tuesday, July 4th. J P Morgan Chase & Co increased their target price on shares of Direct Line Insurance Group PLC from GBX 395 ($5.15) to GBX 415 ($5.41) and gave the stock an overweight rating in a research note on Tuesday, June 6th. Barclays PLC reiterated an equal weight rating and issued a GBX 337 ($4.39) target price on shares of Direct Line Insurance Group PLC in a research note on Tuesday, April 18th. Finally, Shore Capital reiterated a sell rating on shares of Direct Line Insurance Group PLC in a research note on Wednesday, May 3rd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the company. The stock has an average rating of Hold and a consensus target price of GBX 380.33 ($4.95).
Direct Line Insurance Group PLC (LON:DLG) opened at 371.60 on Friday. The company’s market capitalization is GBX 5.07 billion. Direct Line Insurance Group PLC has a 52 week low of GBX 328.40 and a 52 week high of GBX 400.70. The company has a 50-day moving average of GBX 359.57 and a 200-day moving average of GBX 352.01.
ILLEGAL ACTIVITY NOTICE: This story was first reported by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this story on another site, it was copied illegally and reposted in violation of United States and international copyright & trademark law. The original version of this story can be viewed at https://stocknewstimes.com/2017/07/25/direct-line-insurance-group-plc-dlg-receives-buy-rating-from-deutsche-bank-ag.html.
In related news, insider Mike Holliday-Williams sold 26,212 shares of the stock in a transaction on Wednesday, May 3rd. The shares were sold at an average price of GBX 358 ($4.66), for a total transaction of £93,838.96 ($122,249.82). In the last ninety days, insiders have purchased 129 shares of company stock worth $45,139.
Direct Line Insurance Group PLC Company Profile
Direct Line Insurance Group plc is a United Kingdom-based personal and small business general insurer. The principal activity of the Company is managing its investments in subsidiaries, providing loans to those subsidiaries, raising funds for the Group and the receipt and payment of dividends. The Company’s operating segments include Motor, Home, Rescue and other personal lines, Commercial and Run-off.
Receive News & Ratings for Direct Line Insurance Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direct Line Insurance Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.
