Direct Line Insurance Group PLC (DLG) Receives Consensus Rating of “Buy” from Analysts

Shares of Direct Line Insurance Group PLC (LON:DLG) have received a consensus recommendation of “Buy” from the sixteen research firms that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and nine have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is GBX 386.91 ($5.09).

A number of research firms have issued reports on DLG. Credit Suisse Group lifted their price objective on Direct Line Insurance Group from GBX 410 ($5.39) to GBX 450 ($5.92) and gave the stock an “outperform” rating in a research note on Thursday, August 17th. Morgan Stanley boosted their target price on Direct Line Insurance Group from GBX 423 ($5.56) to GBX 451 ($5.93) and gave the company an “overweight” rating in a research report on Thursday, August 17th. Peel Hunt reissued a “hold” rating and set a GBX 360 ($4.73) target price on shares of Direct Line Insurance Group in a research report on Tuesday, August 1st. Deutsche Bank AG reissued a “buy” rating and set a GBX 440 ($5.79) target price on shares of Direct Line Insurance Group in a research report on Friday, September 8th. Finally, boosted their target price on Direct Line Insurance Group from GBX 372 ($4.89) to GBX 440 ($5.79) and gave the company a “buy” rating in a research report on Thursday, August 10th.

Shares of Direct Line Insurance Group (DLG) opened at GBX 356.87 ($4.69) on Monday. 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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