Direct Line Insurance Group plc (LON:DLG) Insider Adam Winslow Purchases 72 Shares

Direct Line Insurance Group plc (LON:DLG) insider Adam Winslow acquired 72 shares of the company’s stock in a transaction that occurred on Thursday, June 27th. The shares were acquired at an average cost of GBX 209 ($2.65) per share, with a total value of £150.48 ($190.89).

Adam Winslow also recently made the following trade(s):

• On Tuesday, May 28th, Adam Winslow acquired 71 shares of Direct Line Insurance Group stock. The shares were acquired at an average cost of GBX 210 ($2.66) per share, with a total value of £149.10 ($189.14).
• On Tuesday, May 21st, Adam Winslow sold 454,979 shares of Direct Line Insurance Group stock. The stock was sold at an average price of GBX 203 ($2.58), for a total value of £923,607.37 ($1,171,644.51).

Direct Line Insurance Group Trading Down 1.3 %

Shares of DLG stock opened at GBX 200.80 ($2.55) on Friday. The firm has a market cap of £2.61 billion, a P/E ratio of 1,338.67, a price-to-earnings-growth ratio of 2.22 and a beta of 0.44. The business has a 50-day moving average price of GBX 198.79 and a two-hundred day moving average price of GBX 189.64. The company has a quick ratio of 0.28, a current ratio of 8.31 and a debt-to-equity ratio of 18.89. Direct Line Insurance Group plc has a 12-month low of GBX 132.12 ($1.68) and a 12-month high of GBX 240.10 ($3.05).

Wall Street Analyst Weigh In

Several brokerages have issued reports on DLG. Berenberg Bank lifted their price target on Direct Line Insurance Group from GBX 195 ($2.47) to GBX 220 ($2.79) and gave the stock a “buy” rating in a research note on Wednesday, April 3rd. Royal Bank of Canada reaffirmed a “sector perform” rating and set a GBX 195 ($2.47) price target on shares of Direct Line Insurance Group in a research note on Monday, June 24th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 209 ($2.65).

About Direct Line Insurance Group

Direct Line Insurance Group plc engages in the provision of general insurance products and services in the United Kingdom. The company operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. It offers motor, home, van, landlord, rescue, pet, tradesperson, business, creditor and select, and travel insurance products, as well as commercial insurance for small and medium-sized enterprises.