Direct Line Insurance Group (LON:DLG)‘s stock had its “buy” rating restated by UBS Group in a research note issued on Tuesday, investing.thisismoney.co.uk reports. They presently have a GBX 400 ($5.23) price target on the stock, down from their previous price target of GBX 420 ($5.49). UBS Group’s price target suggests a potential upside of 23.84% from the company’s previous close.
Other research analysts have also issued research reports about the company. Deutsche Bank decreased their price objective on Direct Line Insurance Group from GBX 400 ($5.23) to GBX 380 ($4.97) and set a “hold” rating on the stock in a report on Monday, August 6th. Peel Hunt restated an “add” rating on shares of Direct Line Insurance Group in a report on Wednesday, August 1st. Royal Bank of Canada decreased their price objective on Direct Line Insurance Group from GBX 450 ($5.88) to GBX 400 ($5.23) and set an “outperform” rating on the stock in a report on Friday, November 2nd. Barclays raised their price objective on Direct Line Insurance Group from GBX 361 ($4.72) to GBX 366 ($4.78) and gave the company an “equal weight” rating in a report on Friday, September 7th. Finally, Morgan Stanley decreased their price objective on 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. Five equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Direct Line Insurance Group presently has an average rating of “Buy” and a consensus price target of GBX 397.69 ($5.20).
Direct Line Insurance Group stock opened at GBX 323 ($4.22) on Tuesday. Direct Line Insurance Group has a 1 year low of GBX 332.28 ($4.34) and a 1 year high of GBX 411.30 ($5.37).
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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