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Home / Momentum / Direct Line Insurance (DLG.L) 29-01-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Direct Line Insurance (DLG.L) 29-01-20

Will shares in Direct Line Insurance (DLG.L) continue to rally, setting new recent highs?

 

  • Now trading at 339.9p (at time of writing), the price performance has been very strong.
  • Will it come to an end, or is this trend your friend?
  • Whilst momentum has been strong, traders should remember that past performance is not necessarily an indication of the future.
  • Shares -7% from 12-month highs; +25% from 12 month lows.

Latest News

28 Jan:  RBC Capital Markets reiterates its outperform rating on Direct Line Insurance Group (DLG) and increased the target price to 405p (from 385p).

04 Dec:  Barclays Capital reiterates its equal weight rating on Direct Line Insurance Group (DLG) and reduced the target price to 341p (from 347p).

03 Dec:  Goldman Sachs reiterates its neutral rating on Direct Line Insurance Group (DLG) and increased the target price to 315p (from 290p).

25 Nov:  Deutsche Bank has upgraded its rating on Direct Line Insurance Group (DLG) to buy (from hold) and increased the target price to 350p (from 335p).

13 Nov:  Goldman Sachs reiterates its neutral rating on Direct Line Insurance Group (DLG) and reduced the target price to 290p (from 320p).

31 Oct:  UBS reiterates its neutral rating on Direct Line Insurance Group (DLG) and reduced the target price to 280p (from 330p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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