Direct Line Insurance Group PLC (DLG) Given Average Rating of “Buy” by Brokerages

Shares of Direct Line Insurance Group PLC (LON:DLG) have earned an average recommendation of “Buy” from the sixteen ratings firms that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and nine have given a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is GBX 382.20 ($5.14).

Several research analysts recently weighed in on the company. Deutsche Bank reiterated a “buy” rating and set a GBX 440 ($5.92) price target on shares of Direct Line Insurance Group in a research report on Wednesday, November 8th. reiterated a “buy” rating on shares of Direct Line Insurance Group in a research report on Thursday, November 9th. HSBC reiterated a “buy” rating and set a GBX 440 ($5.92) price target on shares of Direct Line Insurance Group in a research report on Thursday, November 23rd. Barclays lifted their price target on Direct Line Insurance Group from GBX 339 ($4.56) to GBX 352 ($4.74) and gave the company an “equal weight” rating in a research report on Monday, September 11th. Finally, Peel Hunt reiterated a “hold” rating and set a GBX 360 ($4.85) price target on shares of Direct Line Insurance Group in a research report on Thursday, September 7th.

Shares of Direct Line Insurance Group (DLG) opened at GBX 371.30 ($5.00) on Friday. Direct Line Insurance Group has a twelve month low of GBX 328.40 ($4.42) and a twelve month high of GBX 411.30 ($5.54).

In other Direct Line Insurance Group news, insider Penny James acquired 135,983 shares of the business’s stock in a transaction dated Monday, December 18th. The stock was acquired at an average cost of GBX 368 ($4.95) per share, for a total transaction of £500,417.44 ($673,509.34). Also, insider Danuta Gray acquired 10,000 shares of the business’s stock in a transaction dated Friday, November 24th. The stock was acquired at an average price of GBX 359 ($4.83) per share, with a total value of £35,900 ($48,317.63). Insiders bought 146,108 shares of company stock valued at $53,676,886 over the last 90 days.

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About Direct Line Insurance Group

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 (LON:DLG)

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