HSBC Holdings plc Boosts Direct Line Insurance Group PLC (DLG) Price Target to GBX 440

Direct Line Insurance Group PLC (LON:DLG) had its price objective hoisted by HSBC Holdings plc from GBX 372 ($4.84) to GBX 440 ($5.73) in a research report report published on Thursday. They currently have a buy rating on the stock.

Several other research firms have also recently commented on DLG. Peel Hunt reaffirmed a hold rating and issued a GBX 360 ($4.69) target price on shares of Direct Line Insurance Group PLC in a research report on Monday, August 7th. Goldman Sachs Group, Inc. (The) reaffirmed a neutral rating and issued a GBX 370 ($4.82) target price on shares of Direct Line Insurance Group PLC in a research report on Tuesday, July 4th. J P Morgan Chase & Co reaffirmed an overweight rating and issued a GBX 395 ($5.14) target price on shares of Direct Line Insurance Group PLC in a research report on Thursday, April 20th. Credit Suisse Group raised shares of Direct Line Insurance Group PLC to an outperform rating and raised their target price for the stock from GBX 370 ($4.82) to GBX 410 ($5.34) in a research report on Wednesday, July 12th. Finally, Macquarie reaffirmed a neutral rating and issued a GBX 305 ($3.97) target price on shares of Direct Line Insurance Group PLC in a research report on Monday, June 19th. One analyst has rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of GBX 384.69 ($5.01).

Direct Line Insurance Group PLC (DLG) opened at 396.50 on Thursday. The firm’s market cap is GBX 5.41 billion. Direct Line Insurance Group PLC has a 12-month low of GBX 316.30 and a 12-month high of GBX 411.30. The company has a 50-day moving average of GBX 374.09 and a 200 day moving average of GBX 355.93.

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The firm also recently declared a dividend, which will be paid on Friday, September 8th. Investors of record on Thursday, August 10th will be given a dividend of GBX 6.80 ($0.09) per share. The ex-dividend date is Thursday, August 10th. This represents a yield of 1.67%.

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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