Direct Line Insurance Group (DLG) Earns Buy Rating from Deutsche Bank

Deutsche Bank reiterated their buy rating on shares of Direct Line Insurance Group (LON:DLG) in a research report sent to investors on Tuesday morning.

Several other research analysts have also recently weighed in on the company. HSBC reaffirmed a buy rating and set a GBX 440 ($5.92) target price on shares of Direct Line Insurance Group in a research note on Thursday, November 23rd. J P Morgan Chase & Co reaffirmed an overweight rating and set a GBX 450 ($6.06) target price on shares of Direct Line Insurance Group in a report on Tuesday, October 24th. Credit Suisse Group reaffirmed an outperform rating on shares of Direct Line Insurance Group in a report on Friday, September 8th. Shore Capital reaffirmed a sell rating on shares of Direct Line Insurance Group in a report on Tuesday, November 7th. Finally, reaffirmed a buy rating on shares of Direct Line Insurance Group in a report on Thursday, November 9th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have issued a buy rating to the stock. Direct Line Insurance Group presently has an average rating of Buy and an average price target of GBX 400.14 ($5.39).

Direct Line Insurance Group (DLG) opened at GBX 373 ($5.02) on Tuesday. Direct Line Insurance Group has a 52 week low of GBX 328.40 ($4.42) and a 52 week high of GBX 411.30 ($5.54).

In other news, insider Penny James acquired 135,983 shares of the firm’s stock in a transaction dated Monday, December 18th. The shares were bought at an average price of GBX 368 ($4.95) per share, with a total value of £500,417.44 ($673,509.34). Also, insider Danuta Gray acquired 10,000 shares of the firm’s stock in a transaction dated Friday, November 24th. The shares were purchased at an average cost of GBX 359 ($4.83) per share, for a total transaction of £35,900 ($48,317.63). Insiders acquired a total of 146,108 shares of company stock worth $53,676,886 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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