Direct Line Insurance Group PLC (LON:DLG)‘s stock had its “neutral” rating reissued by equities researchers at Goldman Sachs Group, Inc. (The) in a report released on Tuesday. They currently have a GBX 370 ($4.78) price objective on the stock. Goldman Sachs Group, Inc. (The)’s price target would indicate a potential downside of 4.02% from the company’s current price.

A number of other equities analysts have also commented on DLG. Morgan Stanley raised their price objective on shares of Direct Line Insurance Group PLC from GBX 423 ($5.46) to GBX 451 ($5.82) and gave the company an “overweight” rating in a research report on Thursday, August 17th. Credit Suisse Group raised their target price on shares of Direct Line Insurance Group PLC from GBX 410 ($5.30) to GBX 450 ($5.81) and gave the company an “outperform” rating in a research note on Thursday, August 17th. Barclays PLC lifted their price target on shares of Direct Line Insurance Group PLC from GBX 339 ($4.38) to GBX 352 ($4.55) and gave the stock an “equal weight” rating in a research note on Monday. J P Morgan Chase & Co reissued an “overweight” rating and set a GBX 450 ($5.81) price target on shares of Direct Line Insurance Group PLC in a research note on Monday. Finally, Peel Hunt reissued a “hold” rating and set a GBX 360 ($4.65) price target on shares of Direct Line Insurance Group PLC in a research note on Tuesday, August 1st. One research analyst has rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of GBX 396.62 ($5.12).

Shares of Direct Line Insurance Group PLC (LON:DLG) opened at 386.60 on Tuesday. The company’s market cap is GBX 5.28 billion. The company’s 50 day moving average is GBX 386.40 and its 200 day moving average is GBX 359.85. Direct Line Insurance Group PLC has a one year low of GBX 328.40 and a one year high of GBX 411.30.

Direct Line Insurance Group PLC (LON:DLG) last posted its quarterly earnings data on Tuesday, August 1st. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. Direct Line Insurance Group PLC had a net margin of 16.23% and a return on equity of 21.58%. On average, equities analysts predict that Direct Line Insurance Group PLC will post $29.01 earnings per share for the current year.

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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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