Direct Line Insurance Group (LON:DLG) Price Target Increased to GBX 161 by Analysts at Berenberg Bank

Direct Line Insurance Group (LON:DLG) had its target price boosted by Berenberg Bank from GBX 152 ($1.90) to GBX 161 ($2.01) in a report published on Wednesday morning, Digital Look reports. They currently have a hold rating on the stock.

Separately, Barclays reaffirmed an underweight rating and set a GBX 166 ($2.08) price objective on shares of Direct Line Insurance Group in a research report on Friday, September 8th. Two research analysts have rated the stock with a sell rating and seven have given a hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of Hold and an average price target of GBX 176.38 ($2.21).

Direct Line Insurance Group Price Performance

Shares of LON DLG opened at GBX 181.05 ($2.27) on Wednesday. The company has a market capitalization of £2.37 billion, a PE ratio of -4,526.25, a P/E/G ratio of 2.22 and a beta of 0.33. 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 firm has a fifty day simple moving average of GBX 155.45 and a 200 day simple moving average of GBX 157.47. Direct Line Insurance Group has a twelve month low of GBX 132.12 ($1.65) and a twelve month high of GBX 238.60 ($2.99).

About Direct Line Insurance Group

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.