JPMorgan Chase & Co. Reaffirms Overweight Rating for Direct Line Insurance Group (DLG)
JPMorgan Chase & Co. reissued their overweight rating on shares of Direct Line Insurance Group (LON:DLG) in a report released on Friday morning. They currently have a GBX 450 ($6.10) price objective on the stock.
Several other equities analysts have also commented on DLG. Deutsche Bank reaffirmed a buy rating and set a GBX 440 ($5.97) target price on shares of Direct Line Insurance Group in a report on Monday, September 18th. Goldman Sachs Group reaffirmed a neutral rating and issued a GBX 370 ($5.02) price target on shares of Direct Line Insurance Group in a research note on Tuesday, September 12th. Peel Hunt reissued a hold rating and set a GBX 360 ($4.88) target price on shares of Direct Line Insurance Group in a research report on Thursday, September 7th. Barclays increased their price target on shares of Direct Line Insurance Group from GBX 339 ($4.60) to GBX 352 ($4.77) and gave the stock an equal weight rating in a research report on Monday, September 11th. Finally, reaffirmed a buy rating on shares of Direct Line Insurance Group in a report on Thursday, November 9th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the stock. Direct Line Insurance Group presently has a consensus rating of Buy and a consensus target price of GBX 400.14 ($5.43).
Direct Line Insurance Group (LON:DLG) opened at GBX 367.40 ($4.98) on Friday. Direct Line Insurance Group has a one year low of GBX 328.40 ($4.45) and a one year high of GBX 411.30 ($5.58). The company has a market capitalization of $5,050.00 and a PE ratio of 1,530.83.
Direct Line Insurance Group Company Profile
Direct Line Insurance Group plc is a United Kingdom-based personal and small business general insurer. The principal activity of the Company is managing its investments in subsidiaries, providing loans to those subsidiaries, raising funds for the Group and the receipt and payment of dividends. The Company’s operating segments include Motor, Home, Rescue and other personal lines, Commercial and Run-off.
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