Direct Line Insurance Group plc (LON:DLG) Given Consensus Rating of “Hold” by Analysts

Direct Line Insurance Group plc (LON:DLG) has earned a consensus rating of “Hold” from the six research firms that are presently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 208 ($2.70).

Several equities research analysts recently commented on DLG shares. Royal Bank of Canada reiterated a “sector perform” rating and set a GBX 195 ($2.53) target price on shares of Direct Line Insurance Group in a report on Monday, June 24th. Berenberg Bank cut their price target on Direct Line Insurance Group from GBX 220 ($2.86) to GBX 215 ($2.79) and set a “hold” rating on the stock in a research note on Tuesday, July 2nd.

Direct Line Insurance Group Stock Performance

LON:DLG opened at GBX 186.60 ($2.42) on Tuesday. The firm’s fifty day simple moving average is GBX 190.47 and its 200 day simple moving average is GBX 192.22. The firm has a market capitalization of £2.43 billion, a price-to-earnings ratio of 1,175.00, a PEG ratio of 3.44 and a beta of 0.45. Direct Line Insurance Group has a twelve month low of GBX 149.25 ($1.94) and a twelve month high of GBX 240.10 ($3.12). The company has a current ratio of 8.31, a quick ratio of 0.28 and a debt-to-equity ratio of 18.89.

Direct Line Insurance Group Company Profile

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.