Direct Line Insurance Group (LON:DLG) Rating Reiterated by Deutsche Bank

Direct Line Insurance Group (LON:DLG)‘s stock had its “buy” rating reiterated by analysts at Deutsche Bank in a note issued to investors on Tuesday, December 19th.

Other equities analysts have also recently issued research reports about the stock. Peel Hunt reissued a “hold” rating and set a GBX 360 ($4.88) price objective on shares of Direct Line Insurance Group in a research note on Thursday, September 7th. Goldman Sachs Group reissued a “neutral” rating and set a GBX 370 ($5.02) price objective on shares of Direct Line Insurance Group in a research note on Tuesday, September 12th. reissued a “buy” rating on shares of Direct Line Insurance Group in a research note on Thursday, November 9th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Direct Line Insurance Group in a research note on Thursday, November 16th. Finally, Shore Capital reiterated a “sell” rating on shares of Direct Line Insurance Group in a research note on Tuesday, November 7th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and nine have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of GBX 400.14 ($5.43).

Shares of Direct Line Insurance Group (LON:DLG) traded up GBX 1.60 ($0.02) during trading hours on Tuesday, reaching GBX 376.30 ($5.10). 2,774,885 shares of the company were exchanged, compared to its average volume of 3,290,000. The stock has a market cap of $5,150.00 and a PE ratio of 1,567.92. Direct Line Insurance Group has a one year low of GBX 328.40 ($4.45) and a one year high of GBX 411.30 ($5.58).

In other Direct Line Insurance Group news, insider Penny James acquired 135,983 shares of the stock in a transaction on Monday, December 18th. The stock was acquired at an average price of GBX 368 ($4.99) per share, for a total transaction of £500,417.44 ($678,624.14). Also, insider Danuta Gray acquired 10,000 shares of the stock in a transaction on Friday, November 24th. The shares were acquired at an average price of GBX 359 ($4.87) per share, with a total value of £35,900 ($48,684.57). In the last 90 days, insiders have purchased 146,106 shares of company stock valued at $53,676,646.

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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.

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

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