Direct Line Insurance Group PLC (LON:DLG)‘s stock had its “hold” rating restated by equities research analysts at Peel Hunt in a research note issued on Monday. They presently have a GBX 360 ($4.66) price objective on the stock. Peel Hunt’s target price would suggest a potential downside of 0.74% from the stock’s current price.

Several other equities analysts have also issued reports on DLG. J P Morgan Chase & Co restated an “overweight” rating and set a GBX 415 ($5.38) price target on shares of Direct Line Insurance Group PLC in a research report on Thursday. HSBC Holdings plc restated a “buy” rating and set a GBX 372 ($4.82) price target on shares of Direct Line Insurance Group PLC in a research report on Tuesday, June 13th. Jefferies Group LLC restated an “overweight” rating and set a GBX 415 ($5.38) price target on shares of Direct Line Insurance Group PLC in a research report on Thursday. Deutsche Bank AG raised their price target on Direct Line Insurance Group PLC from GBX 375 ($4.86) to GBX 390 ($5.05) and gave the stock a “buy” rating in a research report on Friday, June 23rd. Finally, Macquarie restated a “neutral” rating and set a GBX 305 ($3.95) price target on shares of Direct Line Insurance Group PLC in a research report on Monday, June 19th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 379.50 ($4.92).

Shares of Direct Line Insurance Group PLC (LON DLG) opened at 362.90 on Monday. The company has a 50-day moving average price of GBX 353.15 and a 200 day moving average price of GBX 351.90. The company’s market capitalization is GBX 4.95 billion. Direct Line Insurance Group PLC has a one year low of GBX 328.40 and a one year high of GBX 400.70.

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In other news, insider Mike Holliday-Williams sold 26,212 shares of Direct Line Insurance Group PLC stock in a transaction that occurred on Wednesday, May 3rd. The stock was sold at an average price of GBX 358 ($4.64), for a total value of £93,838.96 ($121,553.06). Over the last quarter, insiders bought 129 shares of company stock worth $45,139.

About Direct Line Insurance Group PLC

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.

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

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