Direct Line Insurance Group PLC Receives Consensus Rating of “Hold” from Analysts (LON:DLG)
Shares of Direct Line Insurance Group PLC (LON:DLG) have been given a consensus recommendation of “Hold” by the sixteen brokerages that are covering the stock, AR Network reports. Three equities research 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. The average 12-month price target among analysts that have issued ratings on the stock in the last year is GBX 280.29 ($4.70).
Shares of Direct Line Insurance Group PLC (LON:DLG) opened at 278.20 on Monday. Direct Line Insurance Group PLC has a 52 week low of GBX 206.60 and a 52 week 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 £4.159 billion.
The company also recently announced a dividend, which is scheduled for Friday, September 12th. Shareholders 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 of this dividend is Wednesday, August 13th.
A number of research firms have recently commented on DLG. Analysts at Berenberg Bank raised their price target on shares of Direct Line Insurance Group PLC from GBX 254 ($4.26) to GBX 261 ($4.38) in a research note on Friday. They now have a “hold” rating on the stock. Separately, 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. Finally, analysts at Beaufort Securities reiterated a “buy” rating on shares of Direct Line Insurance Group PLC in a research note on Monday, August 4th.
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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