Barclays PLC Trims Direct Line Insurance Group PLC (DLG) Target Price to GBX 331

Barclays PLC Trims Direct Line Insurance Group PLC (DLG) Target Price to GBX 331

Direct Line Insurance Group PLC (LON:DLG) had its price target decreased by Barclays PLC from GBX 337 ($4.20) to GBX 331 ($4.12) in a research note issued to investors on Monday. Barclays PLC currently has an equal weight rating on the stock.

Other research analysts also recently issued research reports about the stock. Deutsche Bank AG lowered their price objective on shares of Direct Line Insurance Group PLC from GBX 435 ($5.42) to GBX 395 ($4.92) and set a buy rating on the stock in a report on Monday, January 23rd. Peel Hunt reiterated a hold rating and issued a GBX 370 ($4.61) target price on shares of Direct Line Insurance Group PLC in a research note on Monday, January 23rd. Macquarie upped their target price on shares of Direct Line Insurance Group PLC from GBX 335 ($4.17) to GBX 406 ($5.06) and gave the stock a hold rating in a research note on Tuesday, October 18th. Finally, Goldman Sachs Group, Inc. (The) reiterated a neutral rating and issued a GBX 370 ($4.61) target price on shares of Direct Line Insurance Group PLC in a research note on Wednesday, November 9th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the company’s stock. Direct Line Insurance Group PLC presently has a consensus rating of Hold and an average target price of GBX 374.46 ($4.66).

Shares of Direct Line Insurance Group PLC (LON:DLG) opened at 362.20 on Monday. The stock’s 50 day moving average is GBX 357.32 and its 200-day moving average is GBX 360.72. Direct Line Insurance Group PLC has a 1-year low of GBX 323.00 and a 1-year high of GBX 416.00. The firm’s market cap is GBX 4.96 billion.

Direct Line Insurance Group PLC 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 Company, and the receipt and payment of dividends. Its operating segments include Motor, Home, Rescue and other personal lines, Commercial and Run-off.

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