Shore Capital restated their buy rating on shares of Direct Line Insurance Group (LON:DLG) in a research note issued to investors on Wednesday, ThisIsMoney.Co.Uk reports.
Other analysts have also issued reports about the company. Deutsche Bank reaffirmed a hold rating on shares of Direct Line Insurance Group in a report on Friday, July 12th. Barclays raised their target price on Direct Line Insurance Group from GBX 339 ($4.43) to GBX 362 ($4.73) and gave the stock an equal weight rating in a report on Wednesday, April 3rd. Berenberg Bank dropped their target price on Direct Line Insurance Group from GBX 348 ($4.55) to GBX 344 ($4.49) and set a hold rating on the stock in a report on Monday, July 15th. UBS Group reaffirmed a buy rating on shares of Direct Line Insurance Group in a report on Monday, July 29th. Finally, Morgan Stanley reaffirmed an overweight rating on shares of Direct Line Insurance Group in a report on Wednesday, June 19th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company. Direct Line Insurance Group presently has an average rating of Hold and a consensus price target of GBX 361.08 ($4.72).
Direct Line Insurance Group stock opened at GBX 318.60 ($4.16) on Wednesday. The firm has a market capitalization of $4.38 billion and a price-to-earnings ratio of 10.24. Direct Line Insurance Group has a 52 week low of GBX 300.70 ($3.93) and a 52 week high of GBX 366.60 ($4.79). The business’s 50-day moving average is GBX 330.69. The company has a debt-to-equity ratio of 16.68, a quick ratio of 0.93 and a current ratio of 1.49.
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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