Direct Line Insurance Group PLC (LON:DLG) had its target price cut by equities researchers at Barclays PLC from GBX 366 ($4.57) to GBX 357 ($4.46) in a research note issued on Monday. The firm currently has an “equal weight” rating on the stock. Barclays PLC’s price target suggests a potential upside of 0.28% from the company’s current price.

Several other research analysts also recently weighed in on DLG. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 410 ($5.12) price target on shares of Direct Line Insurance Group PLC in a research note on Wednesday, August 3rd. Morgan Stanley upped their price target on Direct Line Insurance Group PLC from GBX 409 ($5.11) to GBX 443 ($5.53) and gave the stock an “equal weight” rating in a research note on Thursday, August 4th. Canaccord Genuity upped their price target on Direct Line Insurance Group PLC from GBX 380 ($4.75) to GBX 420 ($5.25) and gave the stock a “buy” rating in a research note on Thursday, August 4th. Berenberg Bank downgraded Direct Line Insurance Group PLC to a “hold” rating and set a GBX 406 ($5.07) price target for the company. in a research note on Thursday, August 4th. Finally, Goldman Sachs Group Inc. restated a “neutral” rating and issued a GBX 370 ($4.62) price target on shares of Direct Line Insurance Group PLC in a research note on Wednesday, August 3rd. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of GBX 390.33 ($4.88).

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

Direct Line Insurance Group PLC (LON:DLG) opened at 356.00 on Monday. The company has a 50 day moving average of GBX 354.98 and a 200 day moving average of GBX 362.20. The stock’s market capitalization is GBX 4.87 billion. Direct Line Insurance Group PLC has a 52 week low of GBX 323.00 and a 52 week high of GBX 418.90.

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

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