Direct Line Insurance Group (OTCMKTS:DIISY) Given New GBX 275 Price Target at Barclays

Direct Line Insurance Group (OTCMKTS:DIISYGet Rating) had its price target decreased by Barclays from GBX 278 ($3.29) to GBX 275 ($3.25) in a report released on Tuesday, The Fly reports.

A number of other equities research analysts also recently weighed in on the company. HSBC raised Direct Line Insurance Group from a reduce rating to a hold rating in a research report on Thursday, September 29th. Berenberg Bank dropped their price objective on Direct Line Insurance Group from GBX 266 ($3.15) to GBX 259 ($3.06) in a research report on Thursday, November 10th. Royal Bank of Canada dropped their price objective on Direct Line Insurance Group from GBX 270 ($3.19) to GBX 260 ($3.07) in a research report on Wednesday, November 16th. Morgan Stanley lowered their price target on Direct Line Insurance Group from GBX 210 ($2.48) to GBX 200 ($2.36) in a report on Wednesday, November 9th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on Direct Line Insurance Group from GBX 230 ($2.72) to GBX 225 ($2.66) in a report on Wednesday, November 9th. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, Direct Line Insurance Group presently has an average rating of Hold and an average target price of $242.00.

Direct Line Insurance Group Stock Down 2.5 %

Shares of DIISY stock opened at $10.33 on Tuesday. Direct Line Insurance Group has a 1-year low of $7.60 and a 1-year high of $17.50. The stock’s 50-day moving average is $9.14 and its 200 day moving average is $10.49.

About Direct Line Insurance Group

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Direct Line Insurance Group plc provides 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, rescue, travel, creditor, and pet insurance products, as well as insurance for mid-to-high-net worth customers; and commercial insurance for small and medium-sized enterprises.

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