Direct Line Insurance Group plc (LON:DLG) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Direct Line Insurance Group plc (LON:DLG – Get Rating) have been given a consensus recommendation of “Hold” by the eleven analysts that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and one has assigned a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is GBX 196.90 ($2.47).

A number of research firms have recently commented on DLG. Berenberg Bank restated a “hold” rating and issued a GBX 152 ($1.90) price objective on shares of Direct Line Insurance Group in a research report on Friday, April 21st. Shore Capital lowered their price objective on Direct Line Insurance Group from GBX 160 ($2.00) to GBX 159 ($1.99) and set a “hold” rating on the stock in a research note on Friday, January 27th. Deutsche Bank Aktiengesellschaft reduced their target price on Direct Line Insurance Group from GBX 180 ($2.25) to GBX 175 ($2.19) and set a “hold” rating on the stock in a research report on Monday, April 24th. Royal Bank of Canada cut their price objective on Direct Line Insurance Group from GBX 190 ($2.38) to GBX 180 ($2.25) and set a “sector perform” rating on the stock in a report on Wednesday, March 15th. Finally, Citigroup downgraded Direct Line Insurance Group to a “sell” rating in a report on Tuesday, January 24th.

Direct Line Insurance Group Trading Down 0.4 %

Shares of LON:DLG opened at GBX 162.55 ($2.04) on Friday. Direct Line Insurance Group has a 52-week low of GBX 133.29 ($1.67) and a 52-week high of GBX 263.70 ($3.30). The stock has a market cap of £2.13 billion, a price-to-earnings ratio of -4,063.75, a PEG ratio of 2.22 and a beta of 0.37. The company has a quick ratio of 0.28, a current ratio of 0.56 and a debt-to-equity ratio of 17.83. The business has a 50-day moving average price of GBX 157.42 and a 200-day moving average price of GBX 183.64.

Direct Line Insurance Group Company Profile

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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 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.