Direct Line Insurance Group PLC (DLG) Earns “Buy” Rating from HSBC Holdings PLC

HSBC Holdings PLC reaffirmed their buy rating on shares of Direct Line Insurance Group PLC (LON:DLG) in a report published on Thursday. They currently have a GBX 440 ($5.79) price target on the stock.

DLG has been the topic of several other research reports. Shore Capital reaffirmed a sell rating on shares of Direct Line Insurance Group in a research report on Monday, August 7th. Deutsche Bank AG reaffirmed a buy rating and set a GBX 440 ($5.79) price target on shares of Direct Line Insurance Group in a research report on Wednesday, November 8th. Credit Suisse Group reaffirmed an outperform rating on shares of Direct Line Insurance Group in a research report on Friday, September 8th. J P Morgan Chase & Co reaffirmed an overweight rating and set a GBX 450 ($5.92) price target on shares of Direct Line Insurance Group in a research report on Tuesday, October 10th. Finally, Morgan Stanley lifted their price target on Direct Line Insurance Group from GBX 423 ($5.56) to GBX 451 ($5.93) and gave the stock an overweight rating in a research report on Thursday, August 17th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the company. The company currently has an average rating of Buy and a consensus target price of GBX 399.71 ($5.26).

Direct Line Insurance Group (LON DLG) opened at GBX 356.87 ($4.69) on Thursday. Direct Line Insurance Group 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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Direct Line Insurance Group 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 (LON:DLG)

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