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Direct Line Insurance Group PLC 8.9% Potential Upside Indicated by Deutsche Bank

Direct Line Insurance Group PLC using EPIC/TICKER code (LON:DLG) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ 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 340 GBX on its stock. This would imply the analyst believes there is now a potential upside of 8.9% from the opening price of 312.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 23.1 points and decreased 30.9 points respectively. The 1 year high stock price is 378.6 GBX while the 52 week low for the share price is 300.66 GBX.

Direct Line Insurance Group PLC has a 50 day moving average of 348.72 GBX and a 200 Day Moving Average share price is recorded at 334.84. There are currently 55,318,644 shares in issue with the average daily volume traded being 5,118,896. Market capitalisation for LON:DLG is £4,303,750,000 GBP.