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Direct Line Insurance Group PLC 17.1% Potential Upside Indicated by Deutsche Bank

Direct Line Insurance Group PLC with EPIC/TICKER (LON:DLG) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ today by analysts at Deutsche Bank. Direct Line Insurance Group PLC are listed in the Financials sector within UK Main Market. Deutsche Bank have set their target price at 350 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 17.1% from the opening price of 298.8 GBX. Over the last 30 and 90 trading days the company share price has increased 19.8 points and increased 10.4 points respectively. The 52 week high for the share price is currently at 367 GBX while the 52 week low for the share price is 266.7 GBX.

Direct Line Insurance Group PLC has a 50 day moving average of 288.29 GBX and the 200 Day Moving Average price is recorded at 319.25. There are currently 1,375,000,000 shares in issue with the average daily volume traded being 5,437,144. Market capitalisation for LON:DLG is £4,152,500,000 GBP.