Direct Line Insurance Group PLC (LON:DLG)‘s stock had its “buy” rating reiterated by Deutsche Bank AG in a report released on Friday, July 21st, Marketbeat reports. They currently have a GBX 390 ($5.06) target price on the stock. Deutsche Bank AG’s price target would indicate a potential upside of 1.27% from the stock’s previous close.
Several other equities research analysts also recently commented on the company. Macquarie reissued a “neutral” rating and issued a GBX 305 ($3.96) price objective on shares of Direct Line Insurance Group PLC in a report on Monday, June 19th. Goldman Sachs Group, Inc. (The) increased their price objective on Direct Line Insurance Group PLC from GBX 360 ($4.67) to GBX 370 ($4.80) and gave the company a “neutral” rating in a report on Monday, May 8th. Barclays PLC increased their price objective on Direct Line Insurance Group PLC from GBX 337 ($4.37) to GBX 339 ($4.40) and gave the company an “equal weight” rating in a report on Thursday, May 4th. J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 415 ($5.39) price objective on shares of Direct Line Insurance Group PLC in a report on Thursday, June 22nd. Finally, Jefferies Group LLC reissued an “overweight” rating and issued a GBX 415 ($5.39) price objective on shares of Direct Line Insurance Group PLC in a report on Thursday, July 6th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of GBX 389.08 ($5.05).
Direct Line Insurance Group PLC (DLG) traded down 0.95% during midday trading on Friday, hitting GBX 385.10. 3,421,159 shares of the stock traded hands. Direct Line Insurance Group PLC has a 1-year low of GBX 316.30 and a 1-year high of GBX 411.30. The firm’s market cap is GBX 5.26 billion. The company has a 50-day moving average price of GBX 378.05 and a 200-day moving average price of GBX 357.28.
About Direct Line Insurance Group PLC
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.
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