Direct Line Insurance Group PLC’s (DLG) “Buy” Rating Reiterated at Deutsche Bank AG

Deutsche Bank AG reissued their buy rating on shares of Direct Line Insurance Group PLC (LON:DLG) in a research report report published on Tuesday. The brokerage currently has a GBX 440 ($5.81) price objective on the stock.

Several other equities analysts have also recently issued reports on the stock. Credit Suisse Group reiterated an outperform rating on shares of Direct Line Insurance Group PLC in a research note on Friday, September 8th. Goldman Sachs Group, Inc. (The) reissued a neutral rating and issued a GBX 370 ($4.88) price target on shares of Direct Line Insurance Group PLC in a report on Tuesday, July 4th. Jefferies Group LLC reissued an overweight rating and issued a GBX 415 ($5.48) price target on shares of Direct Line Insurance Group PLC in a report on Thursday, July 6th. Barclays PLC boosted their price target on shares of Direct Line Insurance Group PLC from GBX 339 ($4.47) to GBX 352 ($4.65) and gave the stock an equal weight rating in a report on Monday, September 11th. Finally, Peel Hunt reissued a hold rating and issued a GBX 360 ($4.75) price target on shares of Direct Line Insurance Group PLC in a report on Monday, July 10th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of GBX 396.62 ($5.23).

Shares of Direct Line Insurance Group PLC (LON:DLG) traded down 1.20% during mid-day trading on Tuesday, reaching GBX 369.40. 3,001,386 shares of the company’s stock were exchanged. Direct Line Insurance Group PLC has a one year low of GBX 316.30 and a one year high of GBX 411.30. The company’s 50-day moving average price is GBX 371.23 and its 200-day moving average price is GBX 365.92. The company’s market capitalization is GBX 5.04 billion.

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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.

Analyst Recommendations for Direct Line Insurance Group PLC (LON:DLG)

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