Deutsche Bank Reaffirms Buy Rating for Direct Line Insurance Group (LON:DLG)

Deutsche Bank reiterated their buy rating on shares of Direct Line Insurance Group (LON:DLG) in a report published on Wednesday morning, ThisIsMoney.Co.Uk reports.

A number of other research firms also recently commented on DLG. UBS Group reiterated a neutral rating on shares of Direct Line Insurance Group in a research report on Thursday, January 16th. Shore Capital reiterated a buy rating on shares of Direct Line Insurance Group in a research report on Thursday, November 21st. Citigroup upgraded Direct Line Insurance Group to a buy rating in a research report on Friday, January 10th. Morgan Stanley boosted their target price on Direct Line Insurance Group from GBX 330 ($4.34) to GBX 350 ($4.60) and gave the stock an equal weight rating in a research report on Friday, February 7th. Finally, Goldman Sachs Group boosted their target price on Direct Line Insurance Group from GBX 290 ($3.81) to GBX 315 ($4.14) and gave the stock a neutral rating in a research report on Tuesday, December 3rd. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company’s stock. Direct Line Insurance Group has a consensus rating of Hold and a consensus target price of GBX 342.54 ($4.51).

DLG opened at GBX 348 ($4.58) on Wednesday. The business’s fifty day moving average is GBX 331.23 and its two-hundred day moving average is GBX 304.56. The company has a debt-to-equity ratio of 16.68, a quick ratio of 0.34 and a current ratio of 0.55. The company has a market cap of $4.79 billion and a price-to-earnings ratio of 11.15. Direct Line Insurance Group has a one year low of GBX 266.70 ($3.51) and a one year high of GBX 366.60 ($4.82).

Direct Line Insurance Group Company Profile

Direct Line Insurance Group plc provides general insurance products and services in the United Kingdom. It operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. The company offers personal motor, home, and rescue insurance products, as well as other personal line insurance products, including travel, pet, and creditor products; and commercial insurance for small and medium-sized enterprises.

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

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