Direct Line Insurance Group (DLG) downgraded by Barclays

Direct Line Insurance Group (LON: DLG) was downgraded by Barclays to" equal weight " Barclays has published a research report released on Friday, July 6, for the benefit of clients and investors, whose current price target is GBX 357 ($ 4.73), down from compared to its previous price target GBX 420 ($ 5.56). Other research analysts recently published reports on the title: JPMorgan Chase & Co. republished an "overweight" rating and issued a price target of GBX 450 ($ 5.96) on the company's stock . Direct Line Insurance Group in a report on Thursday, March 22nd Deutsche Bank lowered the shares of Direct Line Insurance Group to a "hold" rating and lowered their target price for the stock of GBX 440 ($ 5.82) to GBX 400 ( $ 5.29) in a research report on Tuesday, March 13th. Citigroup lowered target price on Direct Line Insurance Group shares of GBX 400 ($ 5.29) to GBX 370 ($ 4.90) and set a "neutral" rating on the stock in a research report on Wednesday April 25th. HSBC reduced its target price on GBX 440's Direct Line Insurance Group shares ($ 5.82) to GBX 403 ($ 5.33) and made a "buy" rating on the stock in a research report on Wednesday May 9th. Finally, Peel Hunt added a note "add" and set a target price of GBX 415 ($ 5.49) on the shares of Direct Line Insurance Group in a research report on Wednesday, March 28. An investment analyst has rated the stock with a sales rating, eight have issued a reserve rating and five have issued a purchase note to the company. Direct Line Insurance Group has an average rating of "Hold" and a consensus price target of GBX 404.46 ($ 5.35).

DLG shares traded GBP 0.30 ($ 0.00) on Friday, rising to 331.80 GBX ($ 4.39). The stock had an exchange volume of 3,672,068 shares, compared to its average volume of 5,740,000 shares. Direct Line Insurance Group has a minimum of 12 months of GBX 332.28 ($ 4.40) and a 12-month high of GBX 411.30 ($ 5.44).

In addition, the insider Jane Hanson bought 11,083 shares of the company during a transaction on Thursday, May 3. The shares were purchased at an average price of GBX 361 ($ 4.78) per share, for a total transaction of £ 40,009.63 ($ 52,957.82).

About Direct Line Insurance Group

The Direct Line Insurance Group plc provides general insurance products and services in the United Kingdom. The company operates through the automotive, home, life and other personal lines, as well as commercial segments. It offers personal insurance products for vehicles, homes and life-saving services, as well as other individual insurance products, including travel products, pet products and creditor products; Commercial insurance products, such as insurance products for businesses, vans and owners for small and medium entities

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