Peel Hunt reissued their add rating on shares of Direct Line Insurance Group (LON:DLG) in a research note published on Monday, Digital Look reports. They currently have a GBX 350 ($4.57) price target on the stock.

Other research analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. cut their price objective on shares of Direct Line Insurance Group from GBX 360 ($4.70) to GBX 345 ($4.51) and set a neutral rating for the company in a report on Monday, July 8th. Barclays cut their price objective on shares of Direct Line Insurance Group from GBX 354 ($4.63) to GBX 347 ($4.53) and set an equal weight rating for the company in a report on Tuesday, September 3rd. Shore Capital reaffirmed a buy rating on shares of Direct Line Insurance Group in a report on Wednesday, July 31st. Deutsche Bank reaffirmed a hold rating on shares of Direct Line Insurance Group in a report on Tuesday, September 3rd. Finally, UBS Group reaffirmed a buy rating on shares of Direct Line Insurance Group in a report on Monday, July 29th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of GBX 354 ($4.63).

DLG opened at GBX 298.60 ($3.90) on Monday. Direct Line Insurance Group has a fifty-two week low of GBX 278.80 ($3.64) and a fifty-two week high of GBX 366.60 ($4.79). 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 fifty day moving average of GBX 300.27 and a two-hundred day moving average of GBX 327.81. The stock has a market capitalization of $4.11 billion and a price-to-earnings ratio of 9.57.

The business also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Thursday, August 8th were paid a dividend of GBX 7.20 ($0.09) per share. The ex-dividend date of this dividend was Thursday, August 8th. This represents a dividend yield of 2.27%. Direct Line Insurance Group’s dividend payout ratio is currently 0.67%.

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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