Direct Line Insurance Group plc (LON:DLG) Receives GBX 208 Average PT from Analysts

Shares of Direct Line Insurance Group plc (LON:DLG) have been given a consensus rating of “Hold” by the six ratings firms that are presently covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price objective among analysts that have covered the stock in the last year is GBX 208 ($2.70).

A number of analysts recently issued reports on the company. Royal Bank of Canada reissued a “sector perform” rating and set a GBX 195 ($2.53) price objective on shares of Direct Line Insurance Group in a research report on Monday, June 24th. Berenberg Bank reduced their price target on Direct Line Insurance Group from GBX 220 ($2.86) to GBX 215 ($2.79) and set a “hold” rating for the company in a report on Tuesday, July 2nd.

Direct Line Insurance Group Trading Down 0.7 %

Direct Line Insurance Group stock opened at GBX 186.60 ($2.42) on Tuesday. Direct Line Insurance Group has a 12 month low of GBX 149.25 ($1.94) and a 12 month high of GBX 240.10 ($3.12). The company has a quick ratio of 0.28, a current ratio of 8.31 and a debt-to-equity ratio of 18.89. The stock has a market cap of £2.43 billion, a P/E ratio of 1,175.00, a P/E/G ratio of 3.44 and a beta of 0.45. The company’s fifty day simple moving average is GBX 190.47 and its 200-day simple moving average is GBX 192.22.

About Direct Line Insurance Group

Direct Line Insurance Group plc engages in the provision of 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, van, landlord, rescue, pet, tradesperson, business, creditor and select, and travel insurance products, as well as commercial insurance for small and medium-sized enterprises.