Direct Line Insurance Group (LON:DLG) had its price objective decreased by research analysts at Barclays from GBX 347 ($4.53) to GBX 341 ($4.46) in a research report issued to clients and investors on Wednesday, Stock Target Advisor reports. The brokerage currently has an “equal weight” rating on the stock. Barclays‘s target price would indicate a potential upside of 14.31% from the company’s previous close.
DLG has been the topic of several other research reports. Deutsche Bank raised Direct Line Insurance Group to a “buy” rating and boosted their price objective for the stock from GBX 335 ($4.38) to GBX 350 ($4.57) in a research report on Monday, November 25th. Peel Hunt reaffirmed an “add” rating and set a GBX 350 ($4.57) target price on shares of Direct Line Insurance Group in a research report on Monday, September 16th. Shore Capital reiterated a “buy” rating on shares of Direct Line Insurance Group in a research note on Thursday, November 21st. UBS Group reiterated a “neutral” rating on shares of Direct Line Insurance Group in a research note on Thursday, November 21st. Finally, Goldman Sachs Group boosted their price target on shares of Direct Line Insurance Group from GBX 290 ($3.79) to GBX 315 ($4.12) and gave the stock a “neutral” rating in a report on Tuesday. Two 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 stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 336.09 ($4.39).
Shares of DLG opened at GBX 298.30 ($3.90) on Wednesday. The stock has a 50 day moving average of GBX 285.99 and a 200 day moving average of GBX 304.83. The company has a market capitalization of $4.10 billion and a price-to-earnings ratio of 9.56. Direct Line Insurance Group has a 12 month low of GBX 266.70 ($3.48) and a 12 month high of GBX 366.60 ($4.79). 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 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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