Direct Line Insurance Group PLC (LON:DLG)‘s stock had its “overweight” rating restated by analysts at J P Morgan Chase & Co in a research note issued on Thursday. They currently have a GBX 415 ($5.29) target price on the stock. J P Morgan Chase & Co’s target price suggests a potential upside of 15.12% from the stock’s current price.

A number of other brokerages have also recently commented on DLG. Deutsche Bank AG reaffirmed a “buy” rating on shares of Direct Line Insurance Group PLC in a research note on Wednesday, March 8th. Peel Hunt reaffirmed a “hold” rating and issued a GBX 360 ($4.59) price target on shares of Direct Line Insurance Group PLC in a research note on Wednesday, May 3rd. Macquarie lowered their price target on Direct Line Insurance Group PLC from GBX 295 ($3.76) to GBX 292 ($3.72) and set an “underperform” rating for the company in a research note on Tuesday, February 28th. Shore Capital reaffirmed a “sell” rating on shares of Direct Line Insurance Group PLC in a research note on Monday, February 27th. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and issued a GBX 370 ($4.71) price target on shares of Direct Line Insurance Group PLC in a research note on Tuesday, May 30th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of GBX 376.77 ($4.80).

Analyst Recommendations for Direct Line Insurance Group PLC (LON:DLG)

Shares of Direct Line Insurance Group PLC (LON:DLG) opened at 360.50 on Thursday. Direct Line Insurance Group PLC has a 52-week low of GBX 323.00 and a 52-week high of GBX 400.70. The company’s market capitalization is GBX 4.92 billion. The firm’s 50 day moving average is GBX 353.24 and its 200-day moving average is GBX 351.78.

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In related news, insider Mike Holliday-Williams sold 26,212 shares of the stock in a transaction that occurred on Wednesday, May 3rd. The stock was sold at an average price of GBX 358 ($4.56), for a total transaction of £93,838.96 ($119,555.31). Over the last three months, insiders have purchased 132 shares of company stock valued at $45,265.

Direct Line Insurance Group PLC Company Profile

Direct Line Insurance Group plc is a United Kingdom-based personal and small business general insurer. The principal activity of the Company is managing its investments in subsidiaries, providing loans to those subsidiaries, raising funds for the Group and the receipt and payment of dividends. The Company’s operating segments include Motor, Home, Rescue and other personal lines, Commercial and Run-off.

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