Direct Line Insurance Group PLC (DLG) Receives GBX 392.17 Average Price Target from Analysts

Shares of Direct Line Insurance Group PLC (LON:DLG) have earned a consensus recommendation of “Hold” from the fifteen analysts that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, six have given a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 392.17 ($5.16).

A number of brokerages have recently weighed in on DLG. Deutsche Bank AG upped their price target on shares of Direct Line Insurance Group PLC from GBX 375 ($4.93) to GBX 390 ($5.13) and gave the stock a “buy” rating in a research note on Friday, June 23rd. HSBC Holdings plc reaffirmed a “buy” rating and issued a GBX 372 ($4.89) price target on shares of Direct Line Insurance Group PLC in a research note on Tuesday, June 13th. Barclays PLC upped their price target on shares of Direct Line Insurance Group PLC from GBX 339 ($4.46) to GBX 352 ($4.63) and gave the stock an “equal weight” rating in a research note on Monday, September 11th. Finally, Peel Hunt reaffirmed a “hold” rating and issued a GBX 360 ($4.73) price target on shares of Direct Line Insurance Group PLC in a research note on Monday, July 10th.

Shares of Direct Line Insurance Group PLC (LON:DLG) traded up 1.17% during midday trading on Friday, reaching GBX 370.70. 4,920,433 shares of the company were exchanged. The company’s 50-day moving average price is GBX 373.65 and its 200 day moving average price is GBX 363.31. Direct Line Insurance Group PLC has a 52-week low of GBX 328.40 and a 52-week high of GBX 411.30. The stock’s market capitalization is GBX 5.06 billion.

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Direct Line Insurance Group PLC 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 PLC (LON:DLG)

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