Direct Line Insurance Group PLC (DLG) Rating Reiterated by J P Morgan Chase & Co

Direct Line Insurance Group PLC (LON:DLG)‘s stock had its “overweight” rating restated by research analysts at J P Morgan Chase & Co in a note issued to investors on Wednesday. They presently have a GBX 450 ($5.92) target price on the stock. J P Morgan Chase & Co’s target price would suggest a potential upside of 26.76% from the stock’s previous close.

Several other equities analysts have also recently weighed in on the company. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 390 ($5.13) target price on shares of Direct Line Insurance Group PLC in a research note on Friday, July 21st. Credit Suisse Group reaffirmed an “outperform” rating on shares of Direct Line Insurance Group PLC in a research note on Friday, September 8th. Barclays PLC lifted their target price on Direct Line Insurance Group PLC from GBX 339 ($4.46) to GBX 352 ($4.63) and gave the company an “equal weight” rating in a research note on Monday, September 11th. Peel Hunt reaffirmed a “hold” rating and set a GBX 360 ($4.73) target price on shares of Direct Line Insurance Group PLC in a research note on Thursday, September 7th. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and set a GBX 370 ($4.87) target price on shares of Direct Line Insurance Group PLC in a research note on Tuesday, September 12th. One research analyst has rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating to the company’s stock. Direct Line Insurance Group PLC presently has a consensus rating of “Hold” and an average target price of GBX 396.62 ($5.22).

Direct Line Insurance Group PLC (LON DLG) opened at GBX 355 ($4.67) on Wednesday. Direct Line Insurance Group PLC has a 12 month low of GBX 328.40 ($4.32) and a 12 month high of GBX 411.30 ($5.41).

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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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