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).

In related news, insider Penny James purchased 135,983 shares of the firm’s stock in a transaction dated Monday, December 18th. The stock was purchased at an average price of GBX 368 ($5.16) per share, with a total value of £500,417.44 ($701,650.93). Also, insider Danuta Gray purchased 10,000 shares of the firm’s stock in a transaction dated Friday, November 24th. The shares were bought at an average cost of GBX 359 ($5.03) per share, with a total value of £35,900 ($50,336.51). Insiders have bought 146,106 shares of company stock valued at $53,676,926 in the last ninety days.

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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.

Analyst Recommendations for Direct Line Insurance Group (LON:DLG)

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