Credit Suisse Group reaffirmed their outperform rating on shares of Direct Line Insurance Group PLC (LON:DLG) in a research report sent to investors on Friday morning.

Several other research firms also recently commented on DLG. Goldman Sachs Group, Inc. (The) lifted their price target on shares of Direct Line Insurance Group PLC from GBX 360 ($4.65) to GBX 370 ($4.78) and gave the stock a neutral rating in a research note on Monday, May 15th. J P Morgan Chase & Co lifted their price target on shares of Direct Line Insurance Group PLC from GBX 395 ($5.10) to GBX 415 ($5.36) and gave the stock an overweight rating in a research note on Tuesday, June 6th. HSBC Holdings plc reissued a buy rating and set a GBX 372 ($4.80) price target on shares of Direct Line Insurance Group PLC in a research note on Tuesday, June 13th. Macquarie reissued a neutral rating and set a GBX 305 ($3.94) price target on shares of Direct Line Insurance Group PLC in a research note on Monday, June 19th. Finally, Deutsche Bank AG lifted their price target on shares of Direct Line Insurance Group PLC from GBX 375 ($4.84) to GBX 390 ($5.04) and gave the stock a buy rating in a research note on Friday, June 23rd. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the company. Direct Line Insurance Group PLC currently has a consensus rating of Hold and a consensus target price of GBX 396.62 ($5.12).

Shares of Direct Line Insurance Group PLC (LON:DLG) opened at 385.50 on Friday. The company’s market capitalization is GBX 5.26 billion. Direct Line Insurance Group PLC has a 12-month low of GBX 328.40 and a 12-month high of GBX 411.30. The firm’s 50-day moving average is GBX 386.40 and its 200-day moving average is GBX 359.85.

Direct Line Insurance Group PLC (LON:DLG) last announced its earnings results on Tuesday, August 1st. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.04. Direct Line Insurance Group PLC had a net margin of 16.23% and a return on equity of 21.58%. On average, equities analysts predict that Direct Line Insurance Group PLC will post $29.01 EPS for the current year.

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The company also recently announced a dividend, which was paid on Friday, September 8th. Investors of record on Thursday, August 10th were paid a GBX 6.80 ($0.09) dividend. This represents a dividend yield of 1.67%. The ex-dividend date was Thursday, August 10th.

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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