Direct Line Insurance Group (DLG) Stock Rating Upgraded by Barclays
Barclays upgraded shares of Direct Line Insurance Group (LON:DLG) to an overweight rating in a report issued on Tuesday. Barclays currently has GBX 413 ($5.79) price target on the stock, up from their previous price target of GBX 384 ($5.38).
Other research analysts have also issued research reports about the company. Morgan Stanley reiterated an overweight rating and issued a GBX 449 ($6.30) price target on shares of Direct Line Insurance Group in a research report on Monday, January 29th. reiterated a buy rating on shares of Direct Line Insurance Group in a research report on Thursday, November 9th. Numis Securities reiterated an add rating and issued a GBX 455 ($6.38) price target on shares of Direct Line Insurance Group in a research report on Thursday, February 1st. JPMorgan Chase & Co. reiterated an overweight rating on shares of Direct Line Insurance Group in a research report on Thursday, November 16th. Finally, Peel Hunt reiterated a hold rating and issued a GBX 360 ($5.05) price target on shares of Direct Line Insurance Group in a research report on Monday, January 22nd. One equities research 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. The company currently has a consensus rating of Buy and a consensus target price of GBX 416.07 ($5.83).
Direct Line Insurance Group (LON DLG) opened at GBX 378.50 ($5.31) on Tuesday. The company has a market capitalization of $5,200.00 and a PE ratio of 1,577.08. Direct Line Insurance Group has a 12-month low of GBX 328.40 ($4.60) and a 12-month high of GBX 411.30 ($5.77).
ILLEGAL ACTIVITY NOTICE: This article was originally published by Daily Political and is the property of of Daily Political. If you are reading this article on another site, it was illegally stolen and republished in violation of U.S. and international trademark & copyright law. The legal version of this article can be viewed at https://www.dailypolitical.com/2018/02/09/direct-line-insurance-group-dlg-stock-rating-upgraded-by-barclays.html.
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.
Receive News & Ratings for Direct Line Insurance Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direct Line Insurance Group and related companies with MarketBeat.com's FREE daily email newsletter.