Direct Line Insurance Group (DLG) Price Target Cut to GBX 375 by Analysts at JPMorgan Chase & Co.

Direct Line Insurance Group (LON:DLG) had its target price decreased by equities research analysts at JPMorgan Chase & Co. from GBX 395 ($5.16) to GBX 375 ($4.90) in a report issued on Wednesday. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price target points to a potential upside of 16.21% from the company’s current price.

DLG has been the topic of several other reports. Deutsche Bank raised Direct Line Insurance Group to a “buy” rating and upped their price target for the company from GBX 380 ($4.97) to GBX 390 ($5.10) in a research report on Tuesday, October 9th. Peel Hunt reissued an “add” rating on shares of Direct Line Insurance Group in a research report on Tuesday, October 2nd. Berenberg Bank lowered their target price on Direct Line Insurance Group from GBX 378 ($4.94) to GBX 360 ($4.70) and set a “hold” rating on the stock in a research note on Wednesday, October 17th. Shore Capital upgraded Direct Line Insurance Group to a “buy” rating in a research note on Tuesday. Finally, Barclays boosted their target price 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 research note on Friday, September 7th. Five equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Direct Line Insurance Group presently has an average rating of “Buy” and an average target price of GBX 397.69 ($5.20).

LON:DLG opened at GBX 322.70 ($4.22) on Wednesday. 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 Company Profile

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

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