Direct Line Insurance Group (DLG) Stock Rating Reaffirmed by Citigroup
Citigroup restated their neutral rating on shares of Direct Line Insurance Group (LON:DLG) in a research report report published on Monday morning. The brokerage currently has a GBX 400 ($5.53) price target on the stock.
Several other research analysts have also weighed in on the company. HSBC reaffirmed a buy rating and issued a GBX 440 ($6.08) target price on shares of Direct Line Insurance Group in a research report on Thursday, November 23rd. JPMorgan Chase & Co. reaffirmed an overweight rating and issued a GBX 450 ($6.22) target price on shares of Direct Line Insurance Group in a research report on Tuesday, October 24th. Shore Capital reaffirmed a sell rating on shares of Direct Line Insurance Group in a research report on Tuesday, November 7th. Barclays lowered their price objective on Direct Line Insurance Group from GBX 359 ($4.96) to GBX 358 ($4.95) and set an equal weight rating on the stock in a report on Monday, December 11th. Finally, Deutsche Bank reissued a buy rating on shares of Direct Line Insurance Group in a report on Tuesday, December 19th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the stock. Direct Line Insurance Group currently has a consensus rating of Buy and a consensus price target of GBX 416 ($5.75).
Direct Line Insurance Group (LON DLG) opened at GBX 386.20 ($5.34) on Monday. Direct Line Insurance Group has a 52-week low of GBX 328.40 ($4.54) and a 52-week high of GBX 411.30 ($5.68). The firm has a market capitalization of $5,310.00 and a PE ratio of 1,609.17.
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Direct Line Insurance Group 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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