Direct Line Insurance Group’s (DLG) Buy Rating Reaffirmed at UBS Group

UBS Group restated their buy rating on shares of Direct Line Insurance Group (LON:DLG) in a report released on Tuesday, investing.thisismoney.co.uk reports. They currently have a GBX 400 ($5.23) price objective on the stock, down from their prior price objective of GBX 420 ($5.49).

Other research analysts have also recently issued reports about the company. Deutsche Bank decreased their target price on Direct Line Insurance Group from GBX 400 ($5.23) to GBX 380 ($4.97) and set a hold rating for the company in a research note on Monday, August 6th. Peel Hunt reissued an add rating on shares of Direct Line Insurance Group in a research note on Wednesday, August 1st. Royal Bank of Canada decreased their target price on Direct Line Insurance Group from GBX 450 ($5.88) to GBX 400 ($5.23) and set an outperform rating for the company in a research note on Friday, November 2nd. Barclays boosted their target price on Direct Line Insurance Group from GBX 361 ($4.72) to GBX 366 ($4.78) and gave the company an equal weight rating in a research note on Friday, September 7th. Finally, Morgan Stanley decreased their target price on Direct Line Insurance Group from GBX 435 ($5.68) to GBX 407 ($5.32) and set an overweight rating for the company in a research note on Monday, August 13th. Five research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Direct Line Insurance Group presently has a consensus rating of Buy and a consensus price target of GBX 397.69 ($5.20).

Shares of Direct Line Insurance Group stock opened at GBX 325.20 ($4.25) on Tuesday. Direct Line Insurance Group has a 12 month low of GBX 332.28 ($4.34) and a 12 month high of GBX 411.30 ($5.37).

Direct Line Insurance Group Company Profile

Direct Line Insurance Group plc provides general insurance products and services in the United Kingdom. The company operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. It 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 products, such as business, van, and landlord insurance products for small and medium-size entities.

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

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