JP Morgan Cazenove disclosed Direct Line Insurance Group PLC (LON:DLG), supporting its stock price target at 410.00GBX earlier today
- Updated: September 18, 2016
Displaying a price of 389.85GBX, Direct Line Insurance Group PLC (LON:DLG) traded 0.19% lower on the day. The last stock close is up 1.39% relative to the two hundred day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the date range. DLG has been tracking to a 50-day average of 374.33GBX and two hundred day average of 365.76GBX. Volume of trade was was up over the average, with 7,410,304 shares of DLG changing hands over the typical 4,372,270 shares.
Direct Line Insurance Group PLC (LON:DLG) had its estimated target price maintained to 410GBX by JP Morgan Cazenove in an issued report announced 8/04/2016. The latest target price implies a possible upside of 0.05% based on the company’s previous closing price.
On 8/03/2016, Deutsche released a statement for Direct Line Insurance Group PLC(LON:DLG) upped the target price from 0.00GBX to 435.00GBX that indicated a possible upside of 0.11%.
Recent Performance Graph:
A total of 15 equity analysts have issued a ratings update on DLG. Two analysts rate the stock a strong buy, four firms rate the stock a buy, nine firms rate the stock a hold, one brokerage rate the stock to underperform, and lastly 0 brokeragesrate the stock as sell with an average target price of 389.93GBX
With a market capitalization of 0.0 GBX, Direct Line Insurance Group PLC has a one-year low of 323.00GBX and a one-year high of 418.90GBX with a price-earnings ratio of 13.
Brief Synopsis On Direct Line Insurance Group PLC (LON:DLG)
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 Company, and the receipt and payment of dividends. Its operating segments include Motor, Home, Rescue and other personal lines, Commercial and Run-off. It operates a multi-brand, multi-product and multi-distribution channel business that covers various customer segments for personal lines general insurance, and small and medium-sized enterprise commercial insurance. The Company’s brands include Direct Line, Direct Line for Business, Churchill, Privilege, Green Flag, NIG and Brand Partners. Each of its brands provides products targeted at one or more insurance segments, including motor, home, rescue, pet, travel and commercial. The Company sells directly over the phone, and Internet and through the United Kingdom’s main price comparison Websites.
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