J P Morgan Chase & Co reissued their overweight rating on shares of Direct Line Insurance Group PLC (LON:DLG) in a report issued on Monday. The firm currently has a GBX 450 ($5.81) price target on the stock.

Several other equities research analysts have also recently issued reports on the stock. Goldman Sachs Group, Inc. (The) restated a neutral rating and set a GBX 370 ($4.78) price objective on shares of Direct Line Insurance Group PLC in a research report on Tuesday, May 30th. Deutsche Bank AG restated a buy rating and set a GBX 390 ($5.04) price objective on shares of Direct Line Insurance Group PLC in a research report on Friday, July 21st. Jefferies Group LLC restated an overweight rating and set a GBX 415 ($5.36) price objective on shares of Direct Line Insurance Group PLC in a research report on Thursday, July 6th. Credit Suisse Group upgraded shares of Direct Line Insurance Group PLC to an outperform rating and raised their price objective for the stock from GBX 370 ($4.78) to GBX 410 ($5.30) in a research report on Wednesday, July 12th. Finally, Macquarie restated a neutral rating and set a GBX 305 ($3.94) price objective on shares of Direct Line Insurance Group PLC in a research report on Monday, June 19th. One analyst has rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of GBX 396.62 ($5.12).

Direct Line Insurance Group PLC (DLG) opened at 385.90 on Monday. Direct Line Insurance Group PLC has a one year low of GBX 328.40 and a one year high of GBX 411.30. The company’s 50-day moving average is GBX 386.40 and its 200 day moving average is GBX 359.85. The company’s market capitalization is GBX 5.27 billion.

Direct Line Insurance Group PLC (LON:DLG) last released its quarterly earnings data on Tuesday, August 1st. The company reported $0.20 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate 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 anticipate that Direct Line Insurance Group PLC will post $29.01 earnings per share for the current year.

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The business also recently declared a dividend, which was paid on Friday, September 8th. Shareholders of record on Thursday, August 10th were given a dividend of GBX 6.80 ($0.09) per share. This represents a dividend yield of 1.67%. The ex-dividend date of this dividend was Thursday, August 10th.

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 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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