Direct Line Insurance Group PLC (DLG) Rating Reiterated by J P Morgan Chase & Co

J P Morgan Chase & Co reiterated their overweight rating on shares of Direct Line Insurance Group PLC (LON:DLG) in a research report released on Monday morning. The brokerage currently has a GBX 450 ($5.81) target price on the stock.

A number of other equities research analysts have also weighed in on the stock. Goldman Sachs Group, Inc. (The) reiterated a neutral rating and set a GBX 370 ($4.78) price objective on shares of Direct Line Insurance Group PLC in a report on Tuesday, May 30th. Deutsche Bank AG reiterated a buy rating and set a GBX 390 ($5.04) price objective on shares of Direct Line Insurance Group PLC in a report on Friday, July 21st. Jefferies Group LLC reiterated an overweight rating and set a GBX 415 ($5.36) price objective on shares of Direct Line Insurance Group PLC in a report on Thursday, July 6th. Credit Suisse Group upgraded shares of Direct Line Insurance Group PLC to an outperform rating and lifted their price objective for the company from GBX 370 ($4.78) to GBX 410 ($5.30) in a report on Wednesday, July 12th. Finally, Macquarie reiterated a neutral rating and set a GBX 305 ($3.94) price objective on shares of Direct Line Insurance Group PLC in a report on Monday, June 19th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company. The company currently has an average rating of Hold and an average price target of GBX 396.62 ($5.12).

Direct Line Insurance Group PLC (LON DLG) opened at 378.00 on Monday. Direct Line Insurance Group PLC has a 52 week low of GBX 328.40 and a 52 week high of GBX 411.30. The stock’s 50 day moving average is GBX 386.86 and its 200 day moving average is GBX 360.23. The company’s market capitalization is GBX 5.16 billion.

TRADEMARK VIOLATION WARNING: “Direct Line Insurance Group PLC (DLG) Rating Reiterated by J P Morgan Chase & Co” was first posted by Chaffey Breeze and is the property of of Chaffey Breeze. If you are reading this article on another website, it was stolen and reposted in violation of U.S. and international copyright & trademark legislation. The legal version of this article can be accessed at https://www.chaffeybreeze.com/2017/09/15/direct-line-insurance-group-plc-dlg-rating-reiterated-by-j-p-morgan-chase-co.html.

The company also recently disclosed a dividend, which was paid on Friday, September 8th. Investors of record on Thursday, August 10th were paid a dividend of GBX 6.80 ($0.09) per share. The ex-dividend date was Thursday, August 10th. This represents a dividend yield of 1.67%.

About Direct Line Insurance Group PLC

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)

Receive News & Ratings for Direct Line Insurance Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direct Line Insurance Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply