Today, Direct Line Insurance Group PLC’s (DLG) “Hold” Rating Reaffirm at Peel Hunt

Today, Direct Line Insurance Group PLC’s (DLG) “Hold” Rating Reaffirm at Peel Hunt

Direct Line Insurance Group PLC (LON:DLG)‘s stock had its “hold” rating reiterated by analysts at Peel Hunt in a report issued on Tuesday. They presently have a GBX 370 ($4.62) price target on the stock. Peel Hunt’s price target indicates a potential upside of 4.20% from the stock’s previous close.

Other research analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 410 ($5.12) target price on shares of Direct Line Insurance Group PLC in a report on Wednesday, August 3rd. Deutsche Bank AG raised their target price on shares of Direct Line Insurance Group PLC from GBX 385 ($4.81) to GBX 435 ($5.43) and gave the stock a “buy” rating in a report on Wednesday, August 3rd. Canaccord Genuity raised their target price on shares of Direct Line Insurance Group PLC from GBX 380 ($4.75) to GBX 420 ($5.25) and gave the stock a “buy” rating in a report on Thursday, August 4th. Berenberg Bank cut shares of Direct Line Insurance Group PLC to a “hold” rating and set a GBX 406 ($5.07) target price on the stock. in a report on Thursday, August 4th. Finally, Morgan Stanley lifted their price target on shares of Direct Line Insurance Group PLC from GBX 409 ($5.11) to GBX 443 ($5.53) and gave the company an “equal weight” rating in a report on Thursday, August 4th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 390.33 ($4.88).

Direct Line Insurance Group PLC (LON:DLG) traded down 0.89% on Tuesday, hitting GBX 355.10. 3,149,830 shares of the company were exchanged. The stock has a 50 day moving average of GBX 353.70 and a 200 day moving average of GBX 361.96. The company’s market capitalization is GBX 4.86 billion. Direct Line Insurance Group PLC has a 52 week low of GBX 323.00 and a 52 week high of GBX 418.90.

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