Direct Line Insurance Group (LON:DLG)‘s stock had its “hold” rating reissued by Deutsche Bank in a report released on Thursday, ThisIsMoney.Co.Uk reports.
DLG has been the subject of several other reports. Shore Capital restated a “buy” rating on shares of Direct Line Insurance Group in a report on Monday, September 16th. Goldman Sachs Group lowered their price objective on shares of Direct Line Insurance Group from GBX 320 ($4.18) to GBX 290 ($3.79) and set a “neutral” rating for the company in a report on Wednesday. Berenberg Bank lowered their price objective on shares of Direct Line Insurance Group from GBX 344 ($4.49) to GBX 331 ($4.33) and set a “hold” rating for the company in a report on Thursday, August 29th. Peel Hunt restated an “add” rating on shares of Direct Line Insurance Group in a report on Friday, November 1st. Finally, UBS Group decreased their target price on shares of Direct Line Insurance Group from GBX 330 ($4.31) to GBX 280 ($3.66) and set a “neutral” rating for the company in a research note on Thursday, October 31st. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of GBX 333.45 ($4.36).
Shares of DLG opened at GBX 270.70 ($3.54) on Thursday. The company has a debt-to-equity ratio of 16.68, a current ratio of 0.55 and a quick ratio of 0.34. Direct Line Insurance Group has a one year low of GBX 270.40 ($3.53) and a one year high of GBX 366.60 ($4.79). The company has a 50-day simple moving average of GBX 283.85 and a two-hundred day simple moving average of GBX 309.39. The firm has a market capitalization of $3.79 billion and a PE ratio of 8.68.
Direct Line Insurance Group plc provides general insurance products and services in the United Kingdom. It operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. The company 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 for small and medium-sized enterprises.
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