HSBC Increases Direct Line Insurance Group (LON:DLG) Price Target to GBX 424

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Direct Line Insurance Group (LON:DLG) had its target price lifted by HSBC from GBX 410 ($5.36) to GBX 424 ($5.54) in a research note released on Wednesday, January 23rd. They currently have a buy rating on the stock.

Several other equities analysts also recently commented on DLG. Peel Hunt reaffirmed an add rating on shares of Direct Line Insurance Group in a research report on Tuesday, October 2nd. Deutsche Bank raised Direct Line Insurance Group to a buy rating and increased their price target for the stock from GBX 380 ($4.97) to GBX 390 ($5.10) in a research report on Tuesday, October 9th. Berenberg Bank reduced their price target on Direct Line Insurance Group from GBX 378 ($4.94) to GBX 360 ($4.70) and set a hold rating on the stock in a research report on Wednesday, October 17th. Royal Bank of Canada cut their target price on Direct Line Insurance Group from GBX 450 ($5.88) to GBX 400 ($5.23) and set an outperform rating for the company in a research note on Friday, November 2nd. Finally, Shore Capital upgraded Direct Line Insurance Group to a buy rating in a research note on Tuesday, November 6th. Seven analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company presently has a consensus rating of Buy and a consensus price target of GBX 387.85 ($5.07).

LON DLG remained flat at $GBX 343.30 ($4.49) during trading on Wednesday. The company’s stock had a trading volume of 3,545,901 shares, compared to its average volume of 5,740,000. Direct Line Insurance Group has a 1 year low of GBX 332.28 ($4.34) and a 1 year high of GBX 411.30 ($5.37).

Direct Line Insurance Group Company Profile

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 personal motor, home, and rescue insurance products, as well as other personal line insurance products, including travel, pet, and creditor products; and commercial insurance products, such as business, van, and landlord insurance products for small and medium-size entities.

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

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