Direct Line Insurance Group PLC (DLG) Earns Overweight Rating from J P Morgan Chase & Co

J P Morgan Chase & Co restated their overweight rating on shares of Direct Line Insurance Group PLC (LON:DLG) in a research report sent to investors on Tuesday. They currently have a GBX 450 ($5.92) price objective on the stock.

Other equities research analysts have also recently issued reports about the company. Deutsche Bank AG raised their price target on Direct Line Insurance Group PLC from GBX 375 ($4.93) to GBX 390 ($5.13) and gave the company a buy rating in a report on Friday, June 23rd. HSBC Holdings plc reissued a buy rating and set a GBX 372 ($4.89) price target on shares of Direct Line Insurance Group PLC in a report on Tuesday, June 13th. Barclays PLC raised their price target on Direct Line Insurance Group PLC from GBX 339 ($4.46) to GBX 352 ($4.63) and gave the company an equal weight rating in a report on Monday, September 11th. Finally, Peel Hunt reissued a hold rating and set a GBX 360 ($4.73) price target on shares of Direct Line Insurance Group PLC in a report on Monday, August 7th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company. The stock has an average rating of Hold and an average target price of GBX 396.62 ($5.21).

Direct Line Insurance Group PLC (LON:DLG) opened at 376.90 on Tuesday. Direct Line Insurance Group PLC has a 52-week low of GBX 328.40 and a 52-week high of GBX 411.30. The company’s 50-day moving average price is GBX 372.91 and its 200 day moving average price is GBX 363.67. The stock’s market capitalization is GBX 5.15 billion.

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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.

Analyst Recommendations for Direct Line Insurance Group PLC (LON:DLG)

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