Direct Line Insurance Group PLC (LON:DLG) Insider John Reizenstein Acquires 43 Shares

Direct Line Insurance Group PLC (LON:DLG) insider John Reizenstein acquired 43 shares of the firm’s stock in a transaction that occurred on Monday, November 27th. The shares were bought at an average cost of GBX 354 ($4.76) per share, with a total value of £152.22 ($204.87).

John Reizenstein also recently made the following trade(s):

  • On Friday, October 27th, John Reizenstein acquired 40 shares of Direct Line Insurance Group stock. The shares were bought at an average cost of GBX 370 ($4.98) per share, with a total value of £148 ($199.19).

Direct Line Insurance Group PLC (LON:DLG) traded up GBX 3.10 ($0.04) during mid-day trading on Thursday, hitting GBX 364.30 ($4.90). The stock had a trading volume of 4,271,010 shares, compared to its average volume of 3,840,000. Direct Line Insurance Group PLC has a 52 week low of GBX 328.40 ($4.42) and a 52 week high of GBX 411.30 ($5.54).

A number of equities research analysts recently commented on the company. Deutsche Bank reaffirmed a “buy” rating and set a GBX 440 ($5.92) price objective on shares of Direct Line Insurance Group in a research note on Wednesday, November 8th. Credit Suisse Group reaffirmed an “outperform” rating on shares of Direct Line Insurance Group in a research note on Friday, September 8th. J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 450 ($6.06) target price on shares of Direct Line Insurance Group in a research note on Tuesday, October 10th. Morgan Stanley boosted their target price on Direct Line Insurance Group from GBX 423 ($5.69) to GBX 451 ($6.07) and gave the company an “overweight” rating in a research note on Thursday, August 17th. Finally, Barclays boosted their target price on Direct Line Insurance Group from GBX 339 ($4.56) to GBX 352 ($4.74) and gave the company an “equal weight” rating in a research note on Monday, September 11th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and nine have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of GBX 400.14 ($5.39).

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Direct Line Insurance Group 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.

Insider Buying and Selling by Quarter for Direct Line Insurance Group (LON:DLG)

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