Barclays Trims Direct Line Insurance Group (DLG) Target Price to GBX 355

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Direct Line Insurance Group (LON:DLG) had its target price decreased by Barclays from GBX 366 ($4.78) to GBX 355 ($4.64) in a research report report published on Wednesday. Barclays currently has an equal weight rating on the stock.

A number of other research firms have also recently weighed in on DLG. Peel Hunt reissued an add rating on shares of Direct Line Insurance Group in a report on Monday, October 15th. Shore Capital raised shares of Direct Line Insurance Group to a buy rating in a report on Tuesday. JPMorgan Chase & Co. cut their price objective on shares of Direct Line Insurance Group from GBX 395 ($5.16) to GBX 375 ($4.90) and set an overweight rating on the stock in a report on Wednesday. Morgan Stanley cut their price objective on shares of Direct Line Insurance Group from GBX 435 ($5.68) to GBX 407 ($5.32) and set an overweight rating on the stock in a report on Monday, August 13th. Finally, UBS Group reissued a buy rating and set a GBX 420 ($5.49) price objective on shares of Direct Line Insurance Group in a report on Wednesday, August 1st. Five investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock presently has an average rating of Buy and an average price target of GBX 397.69 ($5.20).

Shares of LON:DLG opened at GBX 325.20 ($4.25) on Wednesday. Direct Line Insurance Group has a fifty-two week low of GBX 332.28 ($4.34) and a fifty-two week high of GBX 411.30 ($5.37).

About Direct Line Insurance Group

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 personal motor, home, and rescue insurance products, as well as other personal line insurance products, including travel, pet, and creditor products; and commercial insurance products, such as business, van, and landlord insurance products for small and medium-size entities.

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Analyst Recommendations for Direct Line Insurance Group (LON:DLG)

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