Direct Line Insurance Group PLC (LON:DLG) had its price objective boosted by Morgan Stanley from GBX 423 ($5.49) to GBX 451 ($5.85) in a research note published on Thursday morning, MarketBeat reports. They currently have an overweight rating on the stock.

DLG has been the topic of several other reports. Shore Capital reiterated a sell rating on shares of Direct Line Insurance Group PLC in a research note on Monday, August 7th. Goldman Sachs Group, Inc. (The) increased their target price on Direct Line Insurance Group PLC from GBX 360 ($4.67) to GBX 370 ($4.80) and gave the company a neutral rating in a research note on Monday, May 8th. Deutsche Bank AG increased their target price on Direct Line Insurance Group PLC from GBX 375 ($4.87) to GBX 390 ($5.06) and gave the company a buy rating in a research note on Friday, June 23rd. Jefferies Group LLC reiterated an overweight rating and set a GBX 415 ($5.39) target price on shares of Direct Line Insurance Group PLC in a research note on Thursday, July 6th. Finally, J P Morgan Chase & Co reiterated an overweight rating and set a GBX 415 ($5.39) target price on shares of Direct Line Insurance Group PLC in a research note on Wednesday, July 12th. One analyst has rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the company. The stock has an average rating of Hold and an average price target of GBX 389.08 ($5.05).

Direct Line Insurance Group PLC (LON DLG) opened at 385.10 on Thursday. The stock’s market cap is GBX 5.26 billion. The firm has a 50-day moving average price of GBX 378.05 and a 200 day moving average price of GBX 357.28. 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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The company also recently declared a dividend, which will be paid on Friday, September 8th. Stockholders of record on Thursday, August 10th will be paid a GBX 6.80 ($0.09) dividend. The ex-dividend date is Thursday, August 10th. This represents a dividend yield of 1.67%.

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.

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

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