Peel Hunt Reaffirms Add Rating for Direct Line Insurance Group (DLG)

Peel Hunt restated their add rating on shares of Direct Line Insurance Group (LON:DLG) in a research report released on Tuesday morning.

Several other brokerages also recently issued reports on DLG. UBS Group reissued a buy rating and issued a GBX 420 ($5.49) price objective on shares of Direct Line Insurance Group in a research note on Wednesday, August 1st. Deutsche Bank reduced their price objective on Direct Line Insurance Group from GBX 400 ($5.23) to GBX 380 ($4.97) and set a hold rating for the company in a research note on Monday, August 6th. Morgan Stanley reduced their price objective on Direct Line Insurance Group from GBX 452 ($5.91) to GBX 435 ($5.68) and set an overweight rating for the company in a research note on Monday, July 9th. Barclays increased their price objective on Direct Line Insurance Group from GBX 361 ($4.72) to GBX 366 ($4.78) and gave the stock an equal weight rating in a research note on Friday, September 7th. Finally, Berenberg Bank reduced their price objective on Direct Line Insurance Group from GBX 378 ($4.94) to GBX 360 ($4.70) and set a hold rating for the company in a research note on Wednesday, October 17th. Five research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Direct Line Insurance Group currently has an average rating of Buy and a consensus price target of GBX 397.69 ($5.20).

Shares of Direct Line Insurance Group stock opened at GBX 325.20 ($4.25) on Tuesday. Direct Line Insurance Group has a 1 year low of GBX 332.28 ($4.34) and a 1 year high of GBX 411.30 ($5.37).

Direct Line Insurance Group Company Profile

Direct Line Insurance Group plc provides general insurance products and services in the United Kingdom. The company operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. It 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 products, such as business, van, and landlord insurance products for small and medium-size entities.

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

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