Recent comment on MarketBeat5 Nov 2021 09:13
3rd NOV
Direct Line Insurance Group (LON:DLG)‘s stock had its “hold” rating reaffirmed by equities research analysts at Deutsche Bank Aktiengesellschaft in a research report issued on Wednesday, Price Targets.com reports. They currently have a GBX 340 ($4.44) price target on the stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 19.68% from the company’s current price.A number of other brokerages have also recently weighed in on DLG. JPMorgan Chase & Co. raised their price objective on shares of Direct Line Insurance Group from GBX 331 ($4.32) to GBX 367 ($4.79) and gave the stock an “overweight” rating in a research note on Monday, September 6th. Peel Hunt lowered their target price on shares of Direct Line Insurance Group from GBX 330 ($4.31) to GBX 325 ($4.25) and set an “add” rating for the company in a research note on Thursday, October 28th. Citigroup reaffirmed a “buy” rating and issued a GBX 340 ($4.44) target price on shares of Direct Line Insurance Group in a research note on Friday, July 30th. Berenberg Bank lifted their target price on shares of Direct Line Insurance Group from GBX 395 ($5.16) to GBX 396 ($5.17) and gave the stock a “buy” rating in a research note on Tuesday, August 3rd. Finally, Shore Capital reaffirmed a “buy” rating on shares of Direct Line Insurance Group in a research note on Tuesday, August 3rd. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, Direct Line Insurance Group presently has an average rating of “Buy” and a consensus target price of GBX 348.14 ($4.55).In related news, insider Danuta Gray acquired 16,500 shares of the company’s stock in a transaction on Thursday, September 2nd. The shares were purchased at an average price of GBX 312 ($4.08) per share, for a total transaction of £51,480 ($67,258.95). Also, insider Neil Manser sold 48,146 shares of the stock in a transaction on Friday, August 6th. The stock was sold at an average price of GBX 307 ($4.01), for a total transaction of £147,808.22 ($193,112.39).