Direct Line Insurance Group (DLG) Raised to Add at Peel Hunt
Peel Hunt upgraded shares of Direct Line Insurance Group (LON:DLG) to an add rating in a research report released on Wednesday. Peel Hunt currently has GBX 415 ($5.82) price target on the stock, up from their previous price target of GBX 360 ($5.05).
Other equities research analysts also recently issued research reports about the company. Morgan Stanley reissued an overweight rating and set a GBX 449 ($6.30) price objective on shares of Direct Line Insurance Group in a report on Monday, January 29th. reissued a buy rating on shares of Direct Line Insurance Group in a report on Thursday, November 9th. Numis Securities reissued an add rating and set a GBX 455 ($6.38) price objective on shares of Direct Line Insurance Group in a report on Thursday, February 1st. JPMorgan Chase & Co. reissued an overweight rating on shares of Direct Line Insurance Group in a report on Thursday, November 16th. Finally, Deutsche Bank reissued a buy rating and set a GBX 440 ($6.17) price objective on shares of Direct Line Insurance Group in a report on Wednesday, November 8th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the company’s stock. Direct Line Insurance Group currently has a consensus rating of Buy and a consensus price target of GBX 416.07 ($5.83).
Shares of Direct Line Insurance Group (DLG) opened at GBX 367.80 ($5.16) on Wednesday. Direct Line Insurance Group has a twelve month low of GBX 328.40 ($4.60) and a twelve month high of GBX 411.30 ($5.77). The firm has a market capitalization of $5,120.00 and a price-to-earnings ratio of 1,532.50.
About Direct Line Insurance Group
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.
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