Direct Line Insurance Group PLC (LON:DLG) Given “Hold” Rating at Peel Hunt
Direct Line Insurance Group PLC (LON:DLG)‘s stock had its “hold” rating reaffirmed by equities research analysts at Peel Hunt in a research note issued on Monday. They currently have a GBX 360 ($4.75) price target on the stock. Peel Hunt’s target price suggests a potential downside of 10.89% from the stock’s current price.
A number of other research firms have also issued reports on DLG. Shore Capital reaffirmed a “sell” rating on shares of Direct Line Insurance Group PLC in a report on Tuesday, August 1st. Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 390 ($5.14) target price on shares of Direct Line Insurance Group PLC in a report on Friday, July 21st. Macquarie reaffirmed a “neutral” rating and issued a GBX 305 ($4.02) target price on shares of Direct Line Insurance Group PLC in a report on Monday, June 19th. J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a GBX 415 ($5.47) target price on shares of Direct Line Insurance Group PLC in a report on Thursday, June 22nd. Finally, Credit Suisse Group raised Direct Line Insurance Group PLC to an “outperform” rating and raised their target price for the company from GBX 370 ($4.88) to GBX 410 ($5.41) in a report on Wednesday, July 12th. One investment 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. Direct Line Insurance Group PLC currently has an average rating of “Hold” and an average target price of GBX 379.46 ($5.01).
Direct Line Insurance Group PLC (LON DLG) opened at 404.00 on Monday. The stock’s market capitalization is GBX 5.52 billion. The stock’s 50 day moving average price is GBX 366.02 and its 200 day moving average price is GBX 353.18. Direct Line Insurance Group PLC has a 1-year low of GBX 328.40 and a 1-year high of GBX 404.50.
WARNING: This article was originally posted by Daily Political and is the sole property of of Daily Political. If you are accessing this article on another publication, it was copied illegally and reposted in violation of US and international copyright & trademark laws. The correct version of this article can be viewed at https://www.dailypolitical.com/2017/08/06/direct-line-insurance-group-plc-londlg-given-hold-rating-at-peel-hunt.html.
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.
Receive News & Ratings for Direct Line Insurance Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direct Line Insurance Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.