Shore Capital Upgrades Direct Line Insurance Group (DLG) to “Buy”

Shore Capital upgraded shares of Direct Line Insurance Group (LON:DLG) to a buy rating in a report issued on Tuesday.

DLG has been the topic of a number of other reports. Deutsche Bank raised shares of Direct Line Insurance Group to a buy rating and raised their price target for the stock from GBX 380 ($4.97) to GBX 390 ($5.10) in a research report on Tuesday, October 9th. Peel Hunt reaffirmed an add rating on shares of Direct Line Insurance Group in a research report on Tuesday, October 2nd. Morgan Stanley lowered their price target on shares of Direct Line Insurance Group from GBX 452 ($5.91) to GBX 435 ($5.68) and set an overweight rating on the stock in a research report on Monday, July 9th. Berenberg Bank lowered their price target on shares of Direct Line Insurance Group from GBX 378 ($4.94) to GBX 360 ($4.70) and set a hold rating on the stock in a research report on Wednesday, October 17th. Finally, Barclays raised their price target on shares of Direct Line Insurance Group from GBX 361 ($4.72) to GBX 366 ($4.78) and gave the stock an equal weight rating in a research report on Friday, September 7th. Five investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Direct Line Insurance Group has a consensus rating of Buy and a consensus target price of GBX 397.69 ($5.20).

LON:DLG opened at GBX 325.20 ($4.25) on Tuesday. Direct Line Insurance Group has a 52 week low of GBX 332.28 ($4.34) and a 52 week high of GBX 411.30 ($5.37).

About Direct Line Insurance Group

Direct Line Insurance Group plc provides general insurance products and services in the United Kingdom. The company operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. It offers personal motor, home, and rescue insurance products, as well as other personal line insurance products, including travel, pet, and creditor products; and commercial insurance products, such as business, van, and landlord insurance products for small and medium-size entities.

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

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