A number of other analysts have also recently commented on DLG. JPMorgan Chase & Co. restated an overweight rating on shares of Direct Line Insurance Group in a research report on Thursday, November 16th. HSBC restated a buy rating and issued a GBX 440 ($6.08) price target on shares of Direct Line Insurance Group in a research report on Thursday, November 23rd. Barclays reduced their price target on Direct Line Insurance Group from GBX 359 ($4.96) to GBX 358 ($4.95) and set an equal weight rating for the company in a research report on Monday, December 11th. Deutsche Bank restated a buy rating on shares of Direct Line Insurance Group in a research report on Tuesday, December 19th. Finally, Peel Hunt restated a hold rating and issued a GBX 360 ($4.97) price target on shares of Direct Line Insurance Group in a research report on Monday, January 22nd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the company. The company presently has a consensus rating of Hold and a consensus target price of GBX 413 ($5.71).
Shares of Direct Line Insurance Group (LON:DLG) opened at GBX 384.60 ($5.31) on Monday. The company has a market capitalization of $5,410.00 and a PE ratio of 1,240.65. Direct Line Insurance Group has a 1 year low of GBX 332.28 ($4.59) and a 1 year high of GBX 411.30 ($5.68).
In other Direct Line Insurance Group news, insider Penny James acquired 135,983 shares of the company’s stock in a transaction dated Monday, December 18th. The stock was purchased at an average price of GBX 368 ($5.08) per share, with a total value of £500,417.44 ($691,375.30). In the last ninety days, insiders bought 136,102 shares of company stock valued at $50,086,719.
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About Direct Line Insurance Group
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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