Direct Line Insurance Group PLC (LON:DLG) insider John Reizenstein purchased 41 shares of the firm’s stock in a transaction dated Tuesday, September 27th. The shares were bought at an average cost of GBX 368 ($4.80) per share, with a total value of £150.88 ($196.95).
Shares of Direct Line Insurance Group PLC (LON:DLG) opened at 369.00 on Tuesday. The company’s 50 day moving average is GBX 372.31 and its 200-day moving average is GBX 364.60. The company’s market capitalization is GBX 5.05 billion. Direct Line Insurance Group PLC has a 52 week low of GBX 323.00 and a 52 week high of GBX 418.90.
The company also recently announced a dividend, which was paid on Friday, September 9th. Investors of record on Thursday, August 11th were paid a GBX 14.90 ($0.19) dividend. The ex-dividend date of this dividend was Thursday, August 11th. This represents a dividend yield of 3.73%.
A number of analysts have recently weighed in on the stock. Barclays PLC decreased their price target on shares of Direct Line Insurance Group PLC from GBX 364 ($4.75) to GBX 360 ($4.70) and set an “equal weight” rating for the company in a research report on Thursday, July 21st. Berenberg Bank raised shares of Direct Line Insurance Group PLC to a “buy” rating and set a GBX 414 ($5.40) price target for the company in a research report on Thursday, June 9th. Beaufort Securities reissued a “hold” rating on shares of Direct Line Insurance Group PLC in a research report on Wednesday, August 3rd. HSBC decreased their price objective on shares of Direct Line Insurance Group PLC from GBX 350 ($4.57) to GBX 328 ($4.28) and set a “reduce” rating for the company in a report on Wednesday, June 29th. Finally, Peel Hunt reaffirmed a “hold” rating and issued a GBX 370 ($4.83) price objective on shares of Direct Line Insurance Group PLC in a report on Monday, August 1st. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 391 ($5.10).
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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