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Stock analysts at Canaccord Genuity lifted their price target on shares of Direct Line Insurance Group PLC (LON:DLG) from GBX 275 ($4.63) to GBX 305 ($5.13) in a report issued on Monday. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s price target would suggest a potential upside of 0.28% from the company’s current price.

Direct Line Insurance Group PLC (LON:DLG) traded up 1.58% during mid-day trading on Monday, hitting GBX 304.1381. 6,069,576 shares of the company’s stock traded hands. Direct Line Insurance Group PLC has a 1-year low of GBX 206.60 and a 1-year high of GBX 291.20. The stock has a 50-day moving average of GBX 276.9 and a 200-day moving average of GBX 258.2. The company’s market cap is £4.546 billion.

The company also recently announced a dividend, which is scheduled for Friday, September 12th. Investors of record on Wednesday, August 13th will be paid a dividend of GBX 14.40 ($0.24) per share. This represents a dividend yield of 4.81%. The ex-dividend date is Wednesday, August 13th.

Other equities research analysts have also recently issued reports about the stock. Analysts at Beaufort Securities reiterated a “buy” rating on shares of Direct Line Insurance Group PLC in a research note on Monday. Separately, analysts at Credit Suisse raised their price target on shares of Direct Line Insurance Group PLC from GBX 277 ($4.66) to GBX 305 ($5.13) in a research note on Monday. They now have a “neutral” rating 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 Friday. They now have a GBX 300 ($5.05) price target on the stock. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 279.79 ($4.71).

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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