Direct Line Insurance Group PLC (DLG) Receives Average Recommendation of “Hold” from Analysts
Direct Line Insurance Group PLC (LON:DLG) has been assigned an average recommendation of “Hold” from the fifteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. One 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 average 12-month target price among brokers that have issued a report on the stock in the last year is GBX 392.17 ($5.18).
DLG has been the topic of several recent analyst reports. Shore Capital reaffirmed a “sell” rating on shares of Direct Line Insurance Group PLC in a research note on Tuesday, August 1st. J P Morgan Chase & Co reiterated an “overweight” rating and set a GBX 450 ($5.94) target price on shares of Direct Line Insurance Group PLC in a report on Tuesday, October 10th. Credit Suisse Group reiterated an “outperform” rating on shares of Direct Line Insurance Group PLC in a report on Friday, September 8th. Deutsche Bank AG reiterated a “buy” rating and set a GBX 390 ($5.15) target price on shares of Direct Line Insurance Group PLC in a report on Friday, July 21st. Finally, Barclays PLC increased their target price on shares of Direct Line Insurance Group PLC from GBX 339 ($4.47) to GBX 352 ($4.65) and gave the stock an “equal weight” rating in a report on Monday, September 11th.
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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.
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