Direct Line Insurance Group PLC (LON:DLG) Stock Rating Reaffirmed by Peel Hunt

Direct Line Insurance Group PLC (LON:DLG)‘s stock had its “hold” rating reaffirmed by stock analysts at Peel Hunt in a research report issued on Monday, August 7th, StockTargetPrices.com reports. They currently have a GBX 360 ($4.67) target price on the stock. Peel Hunt’s target price points to a potential downside of 6.52% from the stock’s previous close.

Several other equities research analysts also recently weighed in on the stock. Shore Capital reissued a “sell” rating on shares of Direct Line Insurance Group PLC in a research report on Tuesday, August 1st. Deutsche Bank AG reissued a “buy” rating and set a GBX 390 ($5.06) price target on shares of Direct Line Insurance Group PLC in a research report on Friday, July 21st. Credit Suisse Group raised shares of Direct Line Insurance Group PLC to an “outperform” rating and raised their price target for the company from GBX 370 ($4.80) to GBX 410 ($5.32) in a research report on Wednesday, July 12th. J P Morgan Chase & Co reissued an “overweight” rating and set a GBX 415 ($5.39) price target on shares of Direct Line Insurance Group PLC in a research report on Wednesday, July 12th. Finally, Jefferies Group LLC reissued an “overweight” rating and set a GBX 415 ($5.39) price target on shares of Direct Line Insurance Group PLC in a research report on Thursday, July 6th. 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. The company currently has a consensus rating of “Hold” and an average target price of GBX 389.08 ($5.05).

Direct Line Insurance Group PLC (LON:DLG) opened at 385.10 on Monday. The stock has a 50 day moving average price of GBX 378.05 and a 200-day moving average price of GBX 357.28. The stock’s market cap is GBX 5.26 billion. Direct Line Insurance Group PLC has a 52 week low of GBX 328.40 and a 52 week high of GBX 411.30.

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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.

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