Direct Line Insurance Group PLC (DLG) Rating Reiterated by J P Morgan Chase & Co
Direct Line Insurance Group PLC (LON:DLG)‘s stock had its “overweight” rating reissued by J P Morgan Chase & Co in a report issued on Tuesday. They presently have a GBX 450 ($5.94) target price on the stock. J P Morgan Chase & Co’s price target would indicate a potential upside of 21.95% from the stock’s current price.
Several other analysts have also recently issued reports on the company. Deutsche Bank AG restated a “buy” rating and issued a GBX 390 ($5.15) target price on shares of Direct Line Insurance Group PLC in a report on Friday, July 21st. Credit Suisse Group restated an “outperform” rating on shares of Direct Line Insurance Group PLC in a report on Friday, September 8th. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and issued a GBX 370 ($4.88) target price on shares of Direct Line Insurance Group PLC in a report on Tuesday, July 4th. Jefferies Group LLC restated an “overweight” rating and issued a GBX 415 ($5.48) target price on shares of Direct Line Insurance Group PLC in a report on Thursday, July 6th. Finally, Barclays PLC upped their target price on Direct Line Insurance Group PLC from GBX 339 ($4.47) to GBX 352 ($4.65) and gave the company an “equal weight” rating in a report on Monday, September 11th. One investment 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’s stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 396.62 ($5.23).
Direct Line Insurance Group PLC (LON DLG) opened at 369.00 on Tuesday. Direct Line Insurance Group PLC has a 52-week low of GBX 328.40 and a 52-week high of GBX 411.30. The stock’s 50 day moving average price is GBX 371.27 and its 200-day moving average price is GBX 365.86. The company’s market capitalization is GBX 5.04 billion.
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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.
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