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Direct Line Insurance Group (LON:DLG) Reaches New 1-Year High - Should You Buy?

Direct Line Insurance Group logo with Financial Services background

Direct Line Insurance Group plc (LON:DLG - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 257.60 ($3.19) and last traded at GBX 255.76 ($3.17), with a volume of 6690362 shares traded. The stock had previously closed at GBX 255.20 ($3.16).

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 240 ($2.97) price objective on shares of Direct Line Insurance Group in a research note on Thursday, September 5th.

Check Out Our Latest Analysis on DLG

Direct Line Insurance Group Stock Up 0.2 %

The stock has a market capitalization of £3.32 billion, a P/E ratio of 1,112.01, a price-to-earnings-growth ratio of 2.42 and a beta of 0.42. The company has a debt-to-equity ratio of 20.04, a current ratio of 0.57 and a quick ratio of 0.28. The stock has a fifty day moving average price of GBX 201.25 and a 200 day moving average price of GBX 193.36.

About Direct Line Insurance Group

(Get Free Report)

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.

See Also

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