A number of equities analysts have commented on the stock. Berenberg Bank cut their price target on shares of Direct Line Insurance Group from GBX 266 ($3.15) to GBX 259 ($3.06) and set a “buy” rating for the company in a research note on Wednesday, November 9th. Barclays restated an “equal weight” rating and issued a GBX 278 ($3.29) price objective on shares of Direct Line Insurance Group in a report on Wednesday, November 9th. JPMorgan Chase & Co. lowered their price objective on shares of Direct Line Insurance Group from GBX 230 ($2.72) to GBX 220 ($2.60) and set a “neutral” rating for the company in a report on Wednesday, November 9th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Direct Line Insurance Group from GBX 230 ($2.72) to GBX 225 ($2.66) and set a “hold” rating for the company in a report on Wednesday, November 9th. Finally, Credit Suisse Group lowered their price objective on shares of Direct Line Insurance Group from GBX 250 ($2.96) to GBX 240 ($2.84) and set an “outperform” rating for the company in a report on Wednesday, August 3rd.
Direct Line Insurance Group Price Performance
DLG stock opened at GBX 223.90 ($2.65) on Friday. The company has a debt-to-equity ratio of 16.65, a current ratio of 0.53 and a quick ratio of 0.28. Direct Line Insurance Group has a one year low of GBX 171.70 ($2.03) and a one year high of GBX 313.70 ($3.71). The stock has a market cap of £2.94 billion and a PE ratio of 1,119.50. The firm has a 50 day simple moving average of GBX 200.04 and a two-hundred day simple moving average of GBX 219.19.
Direct Line Insurance Group Company Profile
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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 motor, home, rescue, travel, creditor, and pet insurance products, as well as insurance for mid-to-high-net worth customers; and commercial insurance for small and medium-sized enterprises.
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