Peel Hunt reiterated their add rating on shares of Direct Line Insurance Group (LON:DLG) in a research report released on Monday morning, Digital Look reports. The firm currently has a GBX 350 ($4.57) price objective on the stock.
Several other analysts have also weighed in on the company. Morgan Stanley restated an overweight rating on shares of Direct Line Insurance Group in a report on Wednesday, June 19th. Shore Capital restated a buy rating on shares of Direct Line Insurance Group in a report on Wednesday, July 31st. JPMorgan Chase & Co. cut their price objective on Direct Line Insurance Group from GBX 360 ($4.70) to GBX 345 ($4.51) and set a neutral rating for the company in a report on Monday, July 8th. Barclays cut their price objective on Direct Line Insurance Group from GBX 354 ($4.63) to GBX 347 ($4.53) and set an equal weight rating for the company in a report on Tuesday, September 3rd. Finally, Deutsche Bank restated a hold rating on shares of Direct Line Insurance Group in a report on Tuesday, September 3rd. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company. The stock currently has an average rating of Hold and an average price target of GBX 354 ($4.63).
Shares of Direct Line Insurance Group stock opened at GBX 305.40 ($3.99) on Monday. The company has a quick ratio of 0.34, a current ratio of 0.55 and a debt-to-equity ratio of 16.68. The firm has a market cap of $4.20 billion and a price-to-earnings ratio of 9.79. The business has a fifty day simple moving average of GBX 299.84 and a 200-day simple moving average of GBX 327.59. Direct Line Insurance Group has a fifty-two week low of GBX 278.80 ($3.64) and a fifty-two week high of GBX 366.60 ($4.79).
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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