Direct Line Insurance Group PLC (LON:DLG) had its price target increased by research analysts at Macquarie from GBX 335 ($4.08) to GBX 406 ($4.95) in a research note issued to investors on Tuesday. The brokerage presently has a “hold” rating on the stock. Macquarie’s price objective points to a potential upside of 15.47% from the company’s current price.

Other equities research analysts have also issued research reports about the company. Peel Hunt reaffirmed a “hold” rating and set a GBX 370 ($4.51) price target on shares of Direct Line Insurance Group PLC in a research note on Monday, July 11th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 410 ($5.00) price target on shares of Direct Line Insurance Group PLC in a research note on Wednesday, August 3rd. Deutsche Bank AG lifted their price target on Direct Line Insurance Group PLC from GBX 385 ($4.69) to GBX 435 ($5.30) and gave the stock a “buy” rating in a research note on Wednesday, August 3rd. Canaccord Genuity lifted their price target on Direct Line Insurance Group PLC from GBX 380 ($4.63) to GBX 420 ($5.12) and gave the stock a “buy” rating in a research note on Thursday, August 4th. Finally, Barclays PLC dropped their price target on Direct Line Insurance Group PLC from GBX 369 ($4.50) to GBX 364 ($4.44) and set an “equal weight” rating for the company in a research note on Wednesday, June 29th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of GBX 396.46 ($4.83).

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

Shares of Direct Line Insurance Group PLC (LON:DLG) opened at 351.60 on Tuesday. The firm has a 50-day moving average price of GBX 369.02 and a 200-day moving average price of GBX 363.61. The firm’s market cap is GBX 4.81 billion. Direct Line Insurance Group PLC has a 52 week low of GBX 323.00 and a 52 week high of GBX 418.90.

Direct Line Insurance Group PLC Company Profile

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 Company, and the receipt and payment of dividends. Its operating segments include Motor, Home, Rescue and other personal lines, Commercial and Run-off.

Receive News & Stock Ratings for Direct Line Insurance Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direct Line Insurance Group PLC and related stocks with our FREE daily email newsletter.