Shares of Direct Line Insurance Group plc (LON:DLG) received a consensus “buy” recommendation from the eight brokerages that cover the stock, MarketBeat Ratings reports. One research analyst rated the stock with a hold rating and six issued a buy rating on the company. The 12-month average price target among brokerages that have issued ratings on the stock over the past year is 335.43 GBX ($4.53).
A number of analysts have recently released reports on DLG shares. Barclays restated an “overweight” rating and published a GBX 344 ($4.64) price target on Direct Line Insurance Group shares in a research note on Tuesday, November 9. Shore Capital reiterated an “under review” rating on Direct Line Insurance Group shares in a Tuesday, Nov. 9 research note. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a target price of GBX 340 ($4.59) on shares of Direct Line Insurance Group in a Tuesday, January 25 research note. Berenberg Bank raised its price target on shares of Direct Line Insurance Group from GBX 295 ($3.98) to GBX 307 ($4.14) and gave the company a “hold” rating in a memo. research from Wednesday, January 19. Finally, Peel Hunt lowered its price target on Direct Line Insurance Group shares from GBX 330 ($4.45) to GBX 325 ($4.38) and set an “added” rating for the company in a memo. research on Thursday, October 28.
Shares of LON:DLG opened at 304.20 GBX ($4.10) on Friday. The company has a current ratio of 0.53, a quick ratio of 0.30 and a debt ratio of 22.12. The company has a fifty-day simple moving average of 283.14 GBX and a 200-day simple moving average of 291.01 GBX. The company has a market capitalization of £4.05 billion and a PE ratio of 11.52. Direct Line Insurance Group has a 12-month low of 260.80 GBX ($3.52) and a 12-month high of 330.50 GBX ($4.46).
There are not many days left on the calendar…and yet the global semiconductor market has reached $466.2 billion – despite the pandemic.
Even better, the chip shortage has created huge opportunities for recurring hits.
These four tech companies are well positioned to take advantage of this rapidly growing demand.
Direct Line Insurance Group Company Profile
Direct Line Insurance Group plc provides general insurance products and services in the UK. It operates through the automotive, home, rescue and other personal lines, and commercial segments. The Company offers auto, home, salvage, travel, credit, and pet insurance products, as well as insurance for mid- to high-net-worth clients; and commercial insurance for small and medium enterprises.
See also: S&P/TSX Index
This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]
Should you invest $1,000 in Direct Line Insurance Group right now?
Before you consider Direct Line Insurance Group, you’ll want to hear this.
MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off…and Direct Line Insurance Group was not on the list.
Although Direct Line Insurance Group currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
See the 5 actions here
