Direct Line Insurance Group (LON:DLG) Given “Buy” Rating at Shore Capital

Shore Capital reissued their buy rating on shares of Direct Line Insurance Group (LON:DLG) in a report released on Thursday, November 21st, Stock Target Advisor reports.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Several other research firms have also weighed in on DLG. Peel Hunt reaffirmed an add rating and issued a GBX 350 ($4.57) target price on shares of Direct Line Insurance Group in a report on Monday, September 16th. Barclays reissued an equal weight rating on shares of Direct Line Insurance Group in a report on Thursday, October 24th. Peel Hunt reaffirmed an add rating on shares of Direct Line Insurance Group in a research note on Tuesday, November 19th. Berenberg Bank dropped their price objective on shares of Direct Line Insurance Group from GBX 344 ($4.49) to GBX 331 ($4.33) and set a hold rating for the company in a report on Thursday, August 29th. Finally, UBS Group reiterated a neutral rating on shares of Direct Line Insurance Group in a research note on Thursday, November 21st. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of GBX 336.09 ($4.39).

LON:DLG traded up GBX 4.50 ($0.06) during trading hours on Thursday, reaching GBX 302.80 ($3.96). The company had a trading volume of 3,833,701 shares, compared to its average volume of 5,740,000. Direct Line Insurance Group has a one year low of GBX 266.70 ($3.48) and a one year high of GBX 366.60 ($4.79). The company has a quick ratio of 0.34, a current ratio of 0.55 and a debt-to-equity ratio of 16.68. The stock has a 50-day moving average of GBX 286.30 and a two-hundred day moving average of GBX 304.78. The firm has a market capitalization of $4.16 billion and a PE ratio of 9.71.

About Direct Line Insurance Group

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.

Recommended Story: Derivative

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

Leave a Reply

Your email address will not be published. Required fields are marked *

*