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Direct Line Insurance Group PLC (LON:DLG) was upgraded by Citigroup Inc. to a “buy” rating in a report released on Friday. The firm currently has a GBX 306 ($5.21) price target on the stock, up from their previous price target of GBX 244 ($4.16). Citigroup Inc.’s target price would suggest a potential upside of 10.15% from the company’s current price.

Shares of Direct Line Insurance Group PLC (LON:DLG) opened at 280.50 on Friday. Direct Line Insurance Group PLC has a 52-week low of GBX 206.60 and a 52-week high of GBX 271.50. The stock’s 50-day moving average is GBX 257.7 and its 200-day moving average is GBX 252.5. The company’s market cap is £4.193 billion.

DLG has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Direct Line Insurance Group PLC in a research note on Thursday, June 26th. They now have a GBX 290 ($4.94) price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated a “reduce” rating on shares of Direct Line Insurance Group PLC in a research note on Thursday, June 12th. They now have a GBX 200 ($3.41) price target on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of Direct Line Insurance Group PLC in a research note on Tuesday, May 6th. They now have a GBX 300 ($5.11) price target on the stock. Three analysts have rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of GBX 266.67 ($4.54).

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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