Direct Line Insurance Group (LON:DLG) PT Lowered to GBX 331

Direct Line Insurance Group (LON:DLG) had its price target lowered by equities research analysts at Berenberg Bank from GBX 344 ($4.49) to GBX …

Direct Line Insurance Group logoDirect Line Insurance Group (LON:DLG) had its price target lowered by equities research analysts at Berenberg Bank from GBX 344 ($4.49) to GBX 331 ($4.33) in a research note issued to investors on Thursday, August 29th, Digital Look reports. The brokerage presently has a “hold” rating on the stock. Berenberg Bank’s price objective indicates a potential upside of 9.64% from the stock’s previous close.

A number of other research firms have also recently commented on DLG. UBS Group reiterated a “buy” rating on shares of Direct Line Insurance Group in a research report on Monday, July 29th. Morgan Stanley reissued an “overweight” rating on shares of Direct Line Insurance Group in a research note on Wednesday, June 19th. JPMorgan Chase & Co. decreased their price target on Direct Line Insurance Group from GBX 360 ($4.70) to GBX 345 ($4.51) and set a “neutral” rating on the stock in a research note on Monday, July 8th. Shore Capital reaffirmed a “buy” rating on shares of Direct Line Insurance Group in a research note on Wednesday, July 31st. Finally, Peel Hunt reaffirmed an “add” rating and issued a GBX 350 ($4.57) price objective (up from GBX 345 ($4.51)) on shares of Direct Line Insurance Group in a research note on Monday, July 29th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company’s stock. Direct Line Insurance Group presently has a consensus rating of “Hold” and a consensus price target of GBX 354.36 ($4.63).

Shares of DLG stock opened at GBX 301.90 ($3.94) on Thursday. The stock has a market cap of $4.15 billion and a P/E ratio of 9.68. The business has a fifty day simple moving average of GBX 303.49 and a 200-day simple moving average of GBX 329.03. 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). The company has a quick ratio of 0.34, a current ratio of 0.55 and a debt-to-equity ratio of 16.68.

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

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Direct Line Insurance Group PLC (LON:DLG) Given Average Recommendation of “Hold” by …

Direct Line Insurance Group PLC (LON:DLG) has received a consensus recommendation of “Hold” from the fourteen analysts that are covering the …

Direct Line Insurance Group logoDirect Line Insurance Group PLC (LON:DLG) has received a consensus recommendation of “Hold” from the fourteen analysts that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is GBX 346 ($4.52).

A number of analysts have issued reports on the company. Deutsche Bank reaffirmed a “hold” rating on shares of Direct Line Insurance Group in a report on Tuesday, September 3rd. Barclays lowered their target price on Direct Line Insurance Group from GBX 354 ($4.63) to GBX 347 ($4.53) and set an “equal weight” rating on the stock in a report on Tuesday, September 3rd. Berenberg Bank lowered their target price on Direct Line Insurance Group from GBX 344 ($4.49) to GBX 331 ($4.33) and set a “hold” rating on the stock in a report on Thursday, August 29th. Shore Capital reaffirmed a “buy” rating on shares of Direct Line Insurance Group in a report on Wednesday, July 31st. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Direct Line Insurance Group in a report on Wednesday, June 19th.

The company has a market cap of $3.85 billion and a P/E ratio of 8.97. The firm has a fifty day moving average of GBX 305.87 and a 200 day moving average of GBX 329.75. The company has a debt-to-equity ratio of 16.68, a current ratio of 0.55 and a quick ratio of 0.34. Direct Line Insurance Group has a one year low of GBX 281.90 ($3.68) and a one year high of GBX 366.60 ($4.79).

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Thursday, August 8th were issued a GBX 7.20 ($0.09) dividend. This represents a yield of 2.27%. The ex-dividend date of this dividend was Thursday, August 8th. Direct Line Insurance Group’s dividend payout ratio (DPR) is currently 0.67%.

Direct Line Insurance Group Company Profile

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

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Direct Line Insurance Group (LON:DLG) Sets New 12-Month Low at $282.00

Shares of Direct Line Insurance Group PLC (LON:DLG) hit a new 52-week low during trading on Monday . The company traded as low as GBX 282 …

Direct Line Insurance Group logoShares of Direct Line Insurance Group PLC (LON:DLG) hit a new 52-week low during trading on Monday . The company traded as low as GBX 282 ($3.68) and last traded at GBX 282 ($3.68), with a volume of 146951 shares traded. The stock had previously closed at GBX 283.10 ($3.70).

DLG has been the subject of a number of research reports. Barclays reduced 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 research report on Tuesday. Peel Hunt reiterated an “add” rating and issued a GBX 350 ($4.57) price objective (up previously from GBX 345 ($4.51)) on shares of Direct Line Insurance Group in a research report on Monday, July 29th. Canaccord Genuity reiterated a “sell” rating and issued a GBX 280 ($3.66) price objective on shares of Direct Line Insurance Group in a research report on Monday, August 5th. Numis Securities downgraded Direct Line Insurance Group to a “reduce” rating in a research report on Thursday, May 9th. Finally, Deutsche Bank reiterated a “hold” rating on shares of Direct Line Insurance Group in a research report on Tuesday. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of GBX 354.36 ($4.63).

The company has a current ratio of 0.55, a quick ratio of 0.34 and a debt-to-equity ratio of 16.68. The stock has a fifty day moving average price of GBX 307 and a 200-day moving average price of GBX 330.06. The firm has a market capitalization of $3.86 billion and a price-to-earnings ratio of 9.00.

The business also recently announced a dividend, which will be paid on Friday, September 6th. Stockholders of record on Thursday, August 8th will be issued a GBX 7.20 ($0.09) dividend. The ex-dividend date is Thursday, August 8th. This represents a dividend yield of 2.27%. Direct Line Insurance Group’s payout ratio is presently 0.67%.

About Direct Line Insurance Group (LON:DLG)

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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Direct Line Insurance Group (LON:DLG) Reaches New 12-Month Low at $282.00

Direct Line Insurance Group PLC (LON:DLG) hit a new 52-week low on Monday . The stock traded as low as GBX 282 ($3.68) and last traded at GBX …

Direct Line Insurance Group logoDirect Line Insurance Group PLC (LON:DLG) hit a new 52-week low on Monday . The stock traded as low as GBX 282 ($3.68) and last traded at GBX 282 ($3.68), with a volume of 146951 shares trading hands. The stock had previously closed at GBX 283.10 ($3.70).

DLG has been the subject of several recent research reports. Deutsche Bank reiterated a “hold” rating on shares of Direct Line Insurance Group in a research report on Thursday, August 1st. JPMorgan Chase & Co. reduced their price target 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 research report on Monday, July 8th. Morgan Stanley reiterated an “overweight” rating on shares of Direct Line Insurance Group in a research report on Wednesday, June 19th. Berenberg Bank reduced their price target on Direct Line Insurance Group from GBX 344 ($4.49) to GBX 331 ($4.33) and set a “hold” rating for the company in a research report on Thursday. Finally, UBS Group reiterated a “buy” rating on shares of Direct Line Insurance Group in a research report on Monday, July 29th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company. Direct Line Insurance Group has an average rating of “Hold” and an average price target of GBX 355.73 ($4.65).

The company has a 50-day moving average of GBX 311.24 and a 200 day moving average of GBX 331.28. 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 capitalization of $3.88 billion and a PE ratio of 9.04.

The firm also recently announced a dividend, which will be paid on Friday, September 6th. Investors of record on Thursday, August 8th will be given a dividend of GBX 7.20 ($0.09) per share. This represents a yield of 2.27%. The ex-dividend date is Thursday, August 8th. Direct Line Insurance Group’s payout ratio is 0.67%.

About Direct Line Insurance Group (LON:DLG)

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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Direct Line Insurance Group (LON:DLG) Hits New 12-Month Low at $285.00

Shares of Direct Line Insurance Group PLC (LON:DLG) reached a new 52-week low on Tuesday . The company traded as low as GBX 285 ($3.72) …

Direct Line Insurance Group logoShares of Direct Line Insurance Group PLC (LON:DLG) reached a new 52-week low on Tuesday . The company traded as low as GBX 285 ($3.72) and last traded at GBX 286.80 ($3.75), with a volume of 319533 shares. The stock had previously closed at GBX 287.70 ($3.76).

A number of equities research analysts have recently weighed in on DLG shares. Morgan Stanley restated an “overweight” rating on shares of Direct Line Insurance Group in a research report on Wednesday, June 19th. Shore Capital restated a “buy” rating on shares of Direct Line Insurance Group in a research report on Wednesday, July 31st. Numis Securities downgraded Direct Line Insurance Group to a “reduce” rating in a research report on Thursday, May 9th. Deutsche Bank restated a “hold” rating on shares of Direct Line Insurance Group in a research report on Thursday, August 1st. Finally, JPMorgan Chase & Co. decreased 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 research note on Monday, July 8th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. Direct Line Insurance Group has a consensus rating of “Hold” and an average price target of GBX 356.91 ($4.66).

The company has a debt-to-equity ratio of 16.68, a current ratio of 0.55 and a quick ratio of 0.34. The business has a 50 day moving average of GBX 313.36 and a 200 day moving average of GBX 331.88. The firm has a market capitalization of $3.94 billion and a price-to-earnings ratio of 9.18.

The business also recently disclosed a dividend, which will be paid on Friday, September 6th. Investors of record on Thursday, August 8th will be paid a dividend of GBX 7.20 ($0.09) per share. The ex-dividend date is Thursday, August 8th. This represents a dividend yield of 2.27%. Direct Line Insurance Group’s dividend payout ratio (DPR) is presently 0.67%.

About Direct Line Insurance Group (LON:DLG)

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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