Direct Line Insurance Group PLC Receives “Outperform” Rating from RBC Capital (DLG)
Direct Line Insurance Group PLC (LON:DLG)‘s stock had its “outperform” rating restated by RBC Capital in a research note issued on Tuesday, AnalystRatings.NET reports. They currently have a GBX 300 ($5.06) price objective on the stock. RBC Capital’s price target suggests a potential upside of 20.68% from the stock’s previous close.
A number of other firms have also recently commented on DLG. Analysts at Berenberg Bank reiterated a “hold” rating on shares of Direct Line Insurance Group PLC in a research note on Tuesday, May 6th. They now have a GBX 254 ($4.28) price target on the stock. Separately, analysts at Deutsche Bank cut their price target on shares of Direct Line Insurance Group PLC from GBX 300 ($5.06) to GBX 290 ($4.89) in a research note on Tuesday, May 6th. They now have a “buy” rating on the stock. Finally, analysts at Oriel Securities Ltd reiterated a “reduce” rating on shares of Direct Line Insurance Group PLC in a research note on Friday, May 2nd. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company’s stock. Direct Line Insurance Group PLC presently has a consensus rating of “Hold” and a consensus price target of GBX 263.67 ($4.45).
Shares of Direct Line Insurance Group PLC (LON:DLG) traded down 0.36% during mid-day trading on Tuesday, hitting GBX 248.60. 2,843,896 shares of the company’s stock traded hands. Direct Line Insurance Group PLC has a 52 week low of GBX 199.40 and a 52 week high of GBX 1386.83. The stock has a 50-day moving average of GBX 242.2 and a 200-day moving average of GBX 244.6.
Direct Line Insurance Group plc is a United Kingdom-based company is a retail general insurer with operations in the United Kingdom, Italy and Germany.
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