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Research analysts at Berenberg Bank hoisted their price target on shares of Direct Line Insurance Group PLC (LON:DLG) from GBX 254 ($4.26) to GBX 261 ($4.38) in a report released on Friday. The firm currently has a “hold” rating on the stock. Berenberg Bank’s price objective suggests a potential downside of 6.18% from the company’s current price.

A number of other analysts have also recently weighed in on DLG. Analysts at Canaccord Genuity raised their price target on shares of Direct Line Insurance Group PLC from GBX 275 ($4.61) to GBX 305 ($5.12) in a research note on Monday, August 4th. They now have a “buy” rating on the stock. Separately, analysts at Beaufort Securities reiterated a “buy” rating on shares of Direct Line Insurance Group PLC in a research note on Monday, August 4th. Finally, analysts at Credit Suisse raised their price target on shares of Direct Line Insurance Group PLC from GBX 277 ($4.65) to GBX 305 ($5.12) in a research note on Monday, August 4th. They now have a “neutral” rating on the stock. Three analysts have rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of GBX 280.29 ($4.70).

Shares of Direct Line Insurance Group PLC (LON:DLG) traded up 0.27% on Friday, hitting GBX 278.95. The stock had a trading volume of 4,987,253 shares. Direct Line Insurance Group PLC has a 1-year low of GBX 206.60 and a 1-year high of GBX 307.00. The stock has a 50-day moving average of GBX 283. and a 200-day moving average of GBX 260.3. The company’s market cap is £4.171 billion.

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

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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