Direct Line Insurance Group PLC (LON:DLG)‘s stock had its “buy” rating reiterated by research analysts at Deutsche Bank AG in a report released on Tuesday. They presently have a GBX 440 ($5.81) target price on the stock. Deutsche Bank AG’s price target suggests a potential upside of 16.40% from the stock’s current price.

Several other analysts have also weighed in on DLG. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and issued a GBX 370 ($4.88) 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 issued a GBX 415 ($5.48) price objective on shares of Direct Line Insurance Group PLC in a research note on Thursday, July 6th. Jefferies Group LLC reaffirmed an “overweight” rating and issued a GBX 415 ($5.48) price objective on shares of Direct Line Insurance Group PLC in a research note on Thursday, July 6th. Peel Hunt reaffirmed a “hold” rating and issued a GBX 360 ($4.75) price objective on shares of Direct Line Insurance Group PLC in a research note on Monday, July 10th. Finally, Credit Suisse Group raised Direct Line Insurance Group PLC to an “outperform” rating and raised their price objective for the company from GBX 370 ($4.88) to GBX 410 ($5.41) in a research note on Wednesday, July 12th. One equities 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 has an average rating of “Hold” and a consensus price target of GBX 396.62 ($5.23).

Direct Line Insurance Group PLC (LON DLG) opened at 374.463 on Tuesday. Direct Line Insurance Group PLC has a 12-month low of GBX 328.40 and a 12-month high of GBX 411.30. The company has a 50 day moving average price of GBX 371.49 and a 200-day moving average price of GBX 365.50. The company’s market capitalization is GBX 5.11 billion.

COPYRIGHT VIOLATION NOTICE: “Deutsche Bank AG Reaffirms Buy Rating for Direct Line Insurance Group PLC (DLG)” was originally posted by American Banking News and is the property of of American Banking News. If you are accessing this news story on another publication, it was illegally stolen and republished in violation of United States and international copyright and trademark laws. The correct version of this news story can be viewed at https://www.americanbankingnews.com/2017/10/24/deutsche-bank-ag-reaffirms-buy-rating-for-direct-line-insurance-group-plc-dlg.html.

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)

Receive News & Ratings for Direct Line Insurance Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direct Line Insurance Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.