Shares of Direct Line Insurance Group PLC (LON:DLG) have received a consensus rating of “Hold” from the sixteen research firms that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 339.63 ($4.47).
DLG has been the topic of a number of recent analyst reports. Goldman Sachs Group boosted their price target on shares of Direct Line Insurance Group from GBX 290 ($3.81) to GBX 315 ($4.14) and gave the stock a “neutral” rating in a research report on Tuesday, December 3rd. Citigroup upgraded shares of Direct Line Insurance Group to a “buy” rating in a research report on Friday, January 10th. Shore Capital restated a “buy” rating on shares of Direct Line Insurance Group in a research report on Thursday, November 21st. Deutsche Bank restated a “buy” rating on shares of Direct Line Insurance Group in a research report on Monday, January 6th. Finally, Barclays dropped their price target on shares of Direct Line Insurance Group from GBX 347 ($4.56) to GBX 341 ($4.49) and set an “equal weight” rating on the stock in a research report on Wednesday, December 4th.
LON:DLG traded up GBX 3.40 ($0.04) during mid-day trading on Friday, hitting GBX 334.80 ($4.40). The stock had a trading volume of 7,187,477 shares, compared to its average volume of 5,740,000. The stock has a market capitalization of $4.60 billion and a price-to-earnings ratio of 10.73. The company has a 50 day simple moving average of GBX 313.79 and a 200-day simple moving average of GBX 303.95. Direct Line Insurance Group has a 52 week low of GBX 266.70 ($3.51) and a 52 week high of GBX 366.60 ($4.82). The company has a current ratio of 0.55, a quick ratio of 0.34 and a debt-to-equity ratio of 16.68.
Direct Line Insurance Group Company Profile
Direct Line Insurance Group plc provides general insurance products and services in the United Kingdom. It operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. The company offers personal motor, home, and rescue insurance products, as well as other personal line insurance products, including travel, pet, and creditor products; and commercial insurance for small and medium-sized enterprises.
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