Direct Line Insurance Group PLC (LON:DLG)‘s stock had its “hold” rating reaffirmed by Peel Hunt in a research report issued on Thursday. They currently have a GBX 360 ($4.65) price objective on the stock. Peel Hunt’s price target would indicate a potential downside of 3.12% from the company’s current price.

Several other analysts have also recently issued reports on the stock. Credit Suisse Group upped their price objective on shares of Direct Line Insurance Group PLC from GBX 410 ($5.30) to GBX 450 ($5.81) and gave the company an “outperform” rating in a research note on Thursday, August 17th. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and set a GBX 370 ($4.78) price objective on shares of Direct Line Insurance Group PLC in a research note on Tuesday, July 4th. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 415 ($5.36) price objective on shares of Direct Line Insurance Group PLC in a research note on Thursday, July 6th. HSBC Holdings plc upped their price objective on shares of Direct Line Insurance Group PLC from GBX 372 ($4.80) to GBX 440 ($5.68) and gave the company a “buy” rating in a research note on Thursday, August 10th. Finally, Macquarie reaffirmed a “neutral” rating and set a GBX 305 ($3.94) price objective on shares of Direct Line Insurance Group PLC in a research note on Monday, June 19th. One analyst has rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 389.08 ($5.02).

Direct Line Insurance Group PLC (DLG) traded up 2.15% during midday trading on Thursday, reaching GBX 379.60. The company’s stock had a trading volume of 6,539,796 shares. The stock’s 50 day moving average price is GBX 384.88 and its 200-day moving average price is GBX 359.34. Direct Line Insurance Group PLC has a one year low of GBX 316.30 and a one year high of GBX 411.30. The stock’s market cap is GBX 5.18 billion.

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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.

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

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