Credit Suisse Group upgraded shares of Direct Line Insurance Group PLC (LON:DLG) to an outperform rating in a report published on Wednesday morning, MarketBeat reports. They currently have GBX 410 ($5.35) price objective on the stock, up from their prior price objective of GBX 370 ($4.83).

DLG has been the topic of several other reports. Goldman Sachs Group, Inc. (The) raised their target price on shares of Direct Line Insurance Group PLC from GBX 360 ($4.70) to GBX 370 ($4.83) and gave the stock a neutral rating in a research report on Monday, May 8th. Barclays PLC raised their target price on shares of Direct Line Insurance Group PLC from GBX 337 ($4.40) to GBX 339 ($4.43) and gave the stock an equal weight rating in a research report on Thursday, May 4th. Macquarie reissued a neutral rating and issued a GBX 305 ($3.98) target price on shares of Direct Line Insurance Group PLC in a research report on Monday, June 19th. J P Morgan Chase & Co reissued an overweight rating and issued a GBX 415 ($5.42) target price on shares of Direct Line Insurance Group PLC in a research report on Thursday, June 22nd. Finally, Jefferies Group LLC reissued an overweight rating and issued a GBX 415 ($5.42) target price on shares of Direct Line Insurance Group PLC in a research report on Thursday, July 6th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the company. Direct Line Insurance Group PLC presently has an average rating of Hold and an average price target of GBX 380.33 ($4.97).

Shares of Direct Line Insurance Group PLC (LON DLG) opened at 365.50 on Wednesday. The stock’s market capitalization is GBX 4.99 billion. The stock has a 50 day moving average of GBX 353.15 and a 200-day moving average of GBX 351.90. Direct Line Insurance Group PLC has a 1-year low of GBX 328.40 and a 1-year high of GBX 400.70.

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In related news, insider Mike Holliday-Williams sold 26,212 shares of the firm’s stock in a transaction that occurred on Wednesday, May 3rd. The shares were sold at an average price of GBX 358 ($4.67), for a total value of £93,838.96 ($122,537.16). Insiders purchased 129 shares of company stock worth $45,139 in the last 90 days.

About Direct Line Insurance Group PLC

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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