Direct Line Insurance Group PLC (LON:DLG)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank AG in a research note issued on Friday, MarketBeat reports. They currently have a GBX 390 ($5.09) price target on the stock. Deutsche Bank AG’s price target would indicate a potential upside of 3.81% from the company’s current price.

Other analysts also recently issued research reports about the company. HSBC Holdings plc reiterated a “buy” rating and issued a GBX 372 ($4.86) price objective on shares of Direct Line Insurance Group PLC in a research report on Tuesday, June 13th. Barclays PLC boosted their price objective on Direct Line Insurance Group PLC from GBX 337 ($4.40) to GBX 339 ($4.43) and gave the company an “equal weight” rating in a research report on Thursday, May 4th. Peel Hunt reiterated a “hold” rating and issued a GBX 360 ($4.70) price objective on shares of Direct Line Insurance Group PLC in a research report on Wednesday, May 3rd. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and issued a GBX 370 ($4.83) price objective on shares of Direct Line Insurance Group PLC in a research report on Tuesday, May 30th. Finally, Macquarie reiterated a “neutral” rating and issued a GBX 305 ($3.98) price objective on shares of Direct Line Insurance Group PLC in a research report on Monday, June 19th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of GBX 380.33 ($4.97).

Direct Line Insurance Group PLC (LON DLG) opened at 375.70 on Friday. The company’s market cap is GBX 5.13 billion. Direct Line Insurance Group PLC has a 12-month low of GBX 316.30 and a 12-month high of GBX 400.70. The firm’s 50-day moving average is GBX 359.57 and its 200 day moving average is GBX 352.42.

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In other Direct Line Insurance Group PLC news, insider Mike Holliday-Williams sold 26,212 shares of the stock in a transaction on Wednesday, May 3rd. The stock was sold at an average price of GBX 358 ($4.67), for a total value of £93,838.96 ($122,537.16). In the last quarter, insiders acquired 129 shares of company stock valued at $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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