Goldman Sachs Group Increases Direct Line Insurance Group (LON:DLG) Price Target to GBX 315

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Direct Line Insurance Group (LON:DLG) had its price objective lifted by Goldman Sachs Group from GBX 290 ($3.79) to GBX 315 ($4.12) in a research note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports. They currently have a neutral rating on the stock.

Other analysts have also recently issued research reports about the stock. 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 on the stock in a research report on Thursday, August 29th. Peel Hunt reiterated an add rating on shares of Direct Line Insurance Group in a research report on Tuesday, November 19th. Canaccord Genuity reiterated a sell rating and issued a GBX 280 ($3.66) target price on shares of Direct Line Insurance Group in a research report on Monday, August 5th. Peel Hunt reissued an add rating and issued a GBX 350 ($4.57) target price on shares of Direct Line Insurance Group in a research note on Monday, September 16th. Finally, UBS Group restated a neutral rating on shares of Direct Line Insurance Group in a research report on Thursday, November 21st. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the stock. Direct Line Insurance Group presently has an average rating of Hold and an average price target of GBX 336.64 ($4.40).

DLG stock opened at GBX 296.60 ($3.88) on Tuesday. 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 266.70 ($3.48) and a one year high of GBX 366.60 ($4.79). The stock has a market cap of $4.09 billion and a PE ratio of 9.51. The firm has a 50 day simple moving average of GBX 285.53 and a two-hundred day simple moving average of GBX 305.03.

About Direct Line Insurance Group

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

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