Direct Line Insurance Group PLC (LON:DLG)‘s stock had its “buy” rating reaffirmed by Deutsche Bank AG in a report released on Friday. They currently have a GBX 440 ($5.68) price objective on the stock. Deutsche Bank AG’s target price suggests a potential upside of 14.88% from the stock’s previous close.

DLG has been the topic of a number of other research reports. Shore Capital restated a “sell” rating on shares of Direct Line Insurance Group PLC in a report on Monday, August 7th. Jefferies Group LLC restated an “overweight” rating and set a GBX 415 ($5.36) target price on shares of Direct Line Insurance Group PLC in a report on Thursday, July 6th. Credit Suisse Group restated an “outperform” rating on shares of Direct Line Insurance Group PLC in a report on Friday. Morgan Stanley boosted their target price on shares of Direct Line Insurance Group PLC from GBX 423 ($5.46) to GBX 451 ($5.82) and gave the company an “overweight” rating in a report on Thursday, August 17th. Finally, J P Morgan Chase & Co restated an “overweight” rating and set a GBX 415 ($5.36) target price on shares of Direct Line Insurance Group PLC in a report on Wednesday, July 12th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 392.92 ($5.07).

Direct Line Insurance Group PLC (LON DLG) traded up 0.90% on Friday, reaching GBX 383.00. 5,935,422 shares of the company’s stock traded hands. The firm’s 50 day moving average price is GBX 385.79 and its 200 day moving average price is GBX 359.65. The company’s market cap is GBX 5.23 billion. Direct Line Insurance Group PLC has a 12 month low of GBX 316.30 and a 12 month high of GBX 411.30.

Direct Line Insurance Group PLC (LON:DLG) last announced its earnings results on Tuesday, August 1st. The company reported $0.20 EPS for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.04. Direct Line Insurance Group PLC had a net margin of 16.23% and a return on equity of 21.58%. On average, equities analysts expect that Direct Line Insurance Group PLC will post $29.01 EPS for the current fiscal year.

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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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