Direct Line Insurance Group (LON:DLG) Upgraded by Deutsche Bank Aktiengesellschaft to Buy

0
154


Deutsche Bank Aktiengesellschaft upgraded shares of Direct Line Insurance Group (LON:DLG – Free Report) to a buy rating in a research note released on Wednesday, Marketbeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has GBX 250 ($3.16) target price on the stock, up from their prior target price of GBX 170 ($2.15).

DLG has been the subject of several other reports. Citigroup reissued a buy rating on shares of Direct Line Insurance Group in a report on Tuesday, November 21st. Barclays reaffirmed an underweight rating and issued a GBX 166 ($2.10) target price on shares of Direct Line Insurance Group in a research note on Friday, September 8th. Berenberg Bank reaffirmed a hold rating and issued a GBX 161 ($2.03) target price on shares of Direct Line Insurance Group in a research note on Tuesday, October 3rd. Finally, Canaccord Genuity Group reaffirmed a hold rating and issued a GBX 161 ($2.03) target price on shares of Direct Line Insurance Group in a research note on Tuesday, October 3rd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of Hold and a consensus price target of GBX 178.38 ($2.25).

View Our Latest Report on DLG

Direct Line Insurance Group Trading Up 1.8 %

Want More Great Investing Ideas?

Shares of DLG stock opened at GBX 191.80 ($2.42) on Wednesday. Direct Line Insurance Group has a 12-month low of GBX 132.12 ($1.67) and a 12-month high of GBX 238.60 ($3.01). The company has a market capitalization of £2.51 billion, a P/E ratio of -2,131.11, a P/E/G ratio of 2.22 and a beta of 0.34. The firm has a 50-day moving average price of GBX 170.11 and a 200 day moving average price of GBX 161.68. The company has a quick ratio of 0.28, a current ratio of 0.60 and a debt-to-equity ratio of 21.28.

Direct Line Insurance Group Company Profile

(Get Free Report)

Direct Line Insurance Group plc engages in the provision of general insurance products and services in the United Kingdom. The company operates through four segments: Motor, Home, Rescue and Other Personal Lines, and Commercial. It offers motor, home, rescue, travel, creditor, and pet insurance products, as well as insurance for mid-to-high-net worth customers; and commercial insurance for small and medium-sized enterprises.

Featured Articles

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

Receive News & Ratings for Direct Line Insurance Group Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Direct Line Insurance Group and related companies with MarketBeat.com’s FREE daily email newsletter.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here