Direct Line Insurance Group PLC (DLG) Price Target Increased to GBX 352 by Analysts at Barclays PLC

Direct Line Insurance Group PLC (LON:DLG) had its price objective hoisted by Barclays PLC from GBX 339 ($4.38) to GBX 352 ($4.55) in a research report released on Monday morning. Barclays PLC currently has an equal weight rating on the stock.

DLG has been the topic of a number of other reports. HSBC Holdings plc reaffirmed a buy rating and set a GBX 372 ($4.80) price target on shares of Direct Line Insurance Group PLC in a research note on Tuesday, June 13th. Goldman Sachs Group, Inc. (The) reaffirmed a neutral rating and set a GBX 370 ($4.78) price target on shares of Direct Line Insurance Group PLC in a research note on Tuesday, July 4th. Deutsche Bank AG upped their price target on shares of Direct Line Insurance Group PLC from GBX 375 ($4.84) to GBX 390 ($5.04) and gave the stock a buy rating in a research note on Friday, June 23rd. J P Morgan Chase & Co upped their price target on shares of Direct Line Insurance Group PLC from GBX 395 ($5.10) to GBX 415 ($5.36) and gave the stock an overweight rating in a research note on Tuesday, June 6th. Finally, Shore Capital reaffirmed a sell rating on shares of Direct Line Insurance Group PLC in a research note on Tuesday, August 1st. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of GBX 396.62 ($5.12).

Direct Line Insurance Group PLC (DLG) opened at 385.90 on Monday. The firm’s 50-day moving average is GBX 386.40 and its 200 day moving average is GBX 359.85. Direct Line Insurance Group PLC has a 12-month low of GBX 328.40 and a 12-month high of GBX 411.30. The stock’s market capitalization is GBX 5.27 billion.

Direct Line Insurance Group PLC (LON:DLG) last announced its quarterly earnings data on Tuesday, August 1st. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.04. Direct Line Insurance Group PLC had a net margin of 16.23% and a return on equity of 21.58%. Equities analysts expect that Direct Line Insurance Group PLC will post $29.01 EPS for the current year.

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The firm also recently disclosed a dividend, which was paid on Friday, September 8th. Investors of record on Thursday, August 10th were given a GBX 6.80 ($0.09) dividend. The ex-dividend date was Thursday, August 10th. This represents a dividend yield of 1.67%.

About Direct Line Insurance Group PLC

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.

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

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