Peel Hunt reissued their add rating on shares of Direct Line Insurance Group (LON:DLG) in a report issued on Monday, LSE.Co.UK reports. They currently have a GBX 350 ($4.57) price target on the stock.
Other research analysts also recently issued reports about the company. JPMorgan Chase & Co. decreased their price target on Direct Line Insurance Group from GBX 360 ($4.70) to GBX 345 ($4.51) and set a neutral rating for the company in a report on Monday, July 8th. Morgan Stanley reissued an overweight rating on shares of Direct Line Insurance Group in a report on Wednesday, June 19th. UBS Group reissued a buy rating on shares of Direct Line Insurance Group in a report on Monday, July 29th. Canaccord Genuity reissued a sell rating and issued a GBX 280 ($3.66) price target on shares of Direct Line Insurance Group in a report on Monday, August 5th. Finally, Berenberg Bank decreased their price target on Direct Line Insurance Group from GBX 344 ($4.49) to GBX 331 ($4.33) and set a hold rating for the company in a report on Thursday, August 29th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company. Direct Line Insurance Group has an average rating of Hold and an average target price of GBX 354 ($4.63).
Shares of LON:DLG opened at GBX 305.40 ($3.99) on Monday. Direct Line Insurance Group has a 12-month low of GBX 278.80 ($3.64) and a 12-month high of GBX 366.60 ($4.79). The company has a market capitalization of $4.20 billion and a PE ratio of 9.79. The business has a 50 day moving average of GBX 299.84 and a two-hundred day moving average of GBX 327.59. The company has a current ratio of 0.55, a quick ratio of 0.34 and a debt-to-equity ratio of 16.68.
Direct Line Insurance Group Company Profile
Direct Line Insurance Group plc provides general insurance products and services in the United Kingdom. It operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. The company offers personal motor, home, and rescue insurance products, as well as other personal line insurance products, including travel, pet, and creditor products; and commercial insurance for small and medium-sized enterprises.
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