Direct Line Insurance Group PLC (LON:DLG) Rating Reiterated by Goldman Sachs Group, Inc. (The)

Goldman Sachs Group, Inc. (The) restated their neutral rating on shares of Direct Line Insurance Group PLC (LON:DLG) in a research note published on Tuesday, Marketbeat.com reports. Goldman Sachs Group, Inc. (The) currently has a GBX 370 ($4.79) price objective on the stock.

DLG has been the subject of several other reports. HSBC Holdings plc reissued a buy rating and issued a GBX 372 ($4.82) price objective on shares of Direct Line Insurance Group PLC in a research report on Tuesday, June 13th. Deutsche Bank AG boosted their price objective on shares of Direct Line Insurance Group PLC from GBX 375 ($4.86) to GBX 390 ($5.05) and gave the company a buy rating in a research report on Friday, June 23rd. J P Morgan Chase & Co boosted their price objective on shares of Direct Line Insurance Group PLC from GBX 395 ($5.12) to GBX 415 ($5.38) and gave the company an overweight rating in a research report on Tuesday, June 6th. Barclays PLC reissued an equal weight rating and issued a GBX 337 ($4.37) price objective on shares of Direct Line Insurance Group PLC in a research report on Tuesday, April 18th. Finally, Shore Capital reissued a sell rating on shares of Direct Line Insurance Group PLC in a research report on Tuesday, March 7th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the company. Direct Line Insurance Group PLC presently has an average rating of Hold and an average target price of GBX 379.50 ($4.92).

Shares of Direct Line Insurance Group PLC (DLG) opened at 364.00 on Tuesday. Direct Line Insurance Group PLC has a one year low of GBX 328.40 and a one year high of GBX 400.70. The firm has a 50-day moving average of GBX 353.15 and a 200 day moving average of GBX 351.90. The stock’s market capitalization is GBX 4.97 billion.

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In other news, insider Mike Holliday-Williams sold 26,212 shares of the company’s stock in a transaction that occurred on Wednesday, May 3rd. The shares were sold at an average price of GBX 358 ($4.64), for a total value of £93,838.96 ($121,553.06). Insiders bought a total of 129 shares of company stock valued at $45,139 in the last ninety days.

Direct Line Insurance Group PLC Company Profile

Direct Line Insurance Group plc is a United Kingdom-based personal and small business general insurer. The principal activity of the Company is managing its investments in subsidiaries, providing loans to those subsidiaries, raising funds for the Group and the receipt and payment of dividends. The Company’s operating segments include Motor, Home, Rescue and other personal lines, Commercial and Run-off.

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

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