Direct Line Insurance Group plc (LON:DLG – Free Report) has earned an average recommendation of “Hold” from the eleven ratings firms that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and one has given a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is GBX 196.90 ($2.50).
Several equities research analysts recently commented on DLG shares. Royal Bank of Canada dropped their price objective on Direct Line Insurance Group from GBX 190 ($2.41) to GBX 180 ($2.28) and set a “sector perform” rating on the stock in a research report on Wednesday, March 15th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Direct Line Insurance Group from GBX 180 ($2.28) to GBX 175 ($2.22) and set a “hold” rating for the company in a report on Monday, April 24th. Morgan Stanley reiterated an “equal weight” rating and set a GBX 180 ($2.28) target price on shares of Direct Line Insurance Group in a research note on Tuesday, March 28th. Finally, Berenberg Bank restated a “hold” rating and issued a GBX 152 ($1.93) price target on shares of Direct Line Insurance Group in a research note on Monday, June 12th.
Direct Line Insurance Group Stock Performance
Direct Line Insurance Group stock opened at GBX 136.90 ($1.74) on Friday. Direct Line Insurance Group has a fifty-two week low of GBX 132.11 ($1.68) and a fifty-two week high of GBX 245.30 ($3.11). The stock has a market cap of £1.79 billion, a price-to-earnings ratio of -3,422.50, a PEG ratio of 2.22 and a beta of 0.31. The stock’s 50 day simple moving average is GBX 157.11 and its two-hundred day simple moving average is GBX 170.05. The company has a debt-to-equity ratio of 17.83, a quick ratio of 0.28 and a current ratio of 0.56.
Direct Line Insurance Group Company Profile
(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.
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