Deutsche Bank AG Reiterates Buy Rating for Direct Line Insurance Group PLC (DLG)

Deutsche Bank AG reiterated their buy rating on shares of Direct Line Insurance Group PLC (LON:DLG) in a research note released on Friday, September 8th. They currently have a GBX 440 ($5.92) price objective on the stock.

Several other equities analysts have also issued reports on DLG. HSBC Holdings plc boosted their target price on shares of Direct Line Insurance Group PLC from GBX 372 ($5.00) to GBX 440 ($5.92) and gave the company a buy rating in a report on Thursday, August 10th. Morgan Stanley lifted their price target on shares of Direct Line Insurance Group PLC 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. Credit Suisse Group lifted their price target on shares of Direct Line Insurance Group PLC from GBX 410 ($5.51) to GBX 450 ($6.05) and gave the company an outperform rating in a research note on Thursday, August 17th. Peel Hunt reissued a hold rating and set a GBX 360 ($4.84) target price on shares of Direct Line Insurance Group PLC in a research report on Tuesday, August 1st. Finally, Shore Capital reissued a sell rating on shares of Direct Line Insurance Group PLC in a research report on Monday, August 7th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company’s stock. Direct Line Insurance Group PLC has a consensus rating of Hold and a consensus target price of GBX 396.62 ($5.33).

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Several other equities analysts have also issued reports on DLG. HSBC Holdings plc boosted their target price on shares of Direct Line Insurance Group PLC from GBX 372 ($5.00) to GBX 440 ($5.92) and gave the company a buy rating in a report on Thursday, August 10th. Morgan Stanley lifted their price target on shares of Direct Line Insurance Group PLC 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. Credit Suisse Group lifted their price target on shares of Direct Line Insurance Group PLC from GBX 410 ($5.51) to GBX 450 ($6.05) and gave the company an outperform rating in a research note on Thursday, August 17th. Peel Hunt reissued a hold rating and set a GBX 360 ($4.84) target price on shares of Direct Line Insurance Group PLC in a research report on Tuesday, August 1st. Finally, Shore Capital reissued a sell rating on shares of Direct Line Insurance Group PLC in a research report on Monday, August 7th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company’s stock. Direct Line Insurance Group PLC has a consensus rating of Hold and a consensus target price of GBX 396.62 ($5.33).

WARNING: “Deutsche Bank AG Reiterates Buy Rating for Direct Line Insurance Group PLC (DLG)” was posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this story on another publication, it was stolen and reposted in violation of US & international trademark and copyright laws. The correct version of this story can be read at https://ledgergazette.com/2017/09/25/deutsche-bank-ag-reaffirms-buy-rating-for-direct-line-insurance-group-plc-dlg.html.

The firm also recently announced a dividend, which was paid on Friday, September 8th. Investors of record on Thursday, August 10th were issued a dividend of GBX 6.80 ($0.09) per share. This represents a dividend yield of 1.67%. The ex-dividend date of this dividend was Thursday, August 10th.

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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