Key Researchers at Goldman Sachs Have Maintained their ‘Neutral’ rating for Direct Line Insurance Group (LON:DLG) Shares Today. Their Price Objective is GBX 375.00

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Direct Line Insurance Group (LON:DLG) Rating Reaffirmed

London: In a comprehensive report revealed to investors and clients on Friday, 11 December, Goldman Sachs reiterated their Neutral rating on Direct Line Insurance Group (LON:DLG) shares. They now have a GBX 375.00 target PPS on the company. Goldman Sachs’s target would suggest a potential downside of -5.99% from the company’s previous close.

From a total of 17 analysts covering Direct Line Insurance Group PLC (LON:DLG) stock, 10 rate it a ”Buy”, 2 a “Sell”, and 7 a ”Hold”. This means that 53% of the ratings are positive. The highest target price is GBX 439 while the lowest target price is GBX 297. The mean of all analyst targets is GBX 383.21 with a -3.87% below today’s (GBX 398.1) stock price. Direct Line Insurance Group PLC was the topic of 29 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. JP Morgan maintained shares on December 8 with “Overweight” rating. Deutsche Bank maintained shares with “Buy” rating and GBX 430 target share price in a report from a November 4. Barclays Capital maintained DLG stock in a recent report from November 19 with “Overweight” rating. Canaccord Genuity maintained the rating on November 3. Canaccord Genuity has a “Buy” rating and a GBX 375 price target on shares. Finally, UBS maintained the stock with “Neutral” rating in a report issued on a November 4.

Approximately 1.28M shares of stock traded hands. Direct Line Insurance Group PLC (LON:DLG) has risen 26.17% since May 14, 2015 and is uptrending. It has outperformed by 29.19% the S&P500.

Key Researchers at Goldman Sachs Have Maintained their ‘Neutral’ rating for Direct Line Insurance Group (LON:DLG) Shares Today. Their Price Objective is GBX 375.00

Direct Line Insurance Group plc is a United Kingdom personal motor and home insurer. The company has a market cap of 5.49 billion GBP. The principal activity of the Company is managing its investments in subsidiaries, providing loans to those subsidiaries, raising funds for the Group and the receipt and payment of dividends. It has 12.47 P/E ratio. The Company’s operating divisions include Motor, Home, Rescue and other personal lines, Commercial and Run-off.

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