Direct Line Insurance Group (OTCMKTS:DIISY) Price Target Cut to GBX 180 by Analysts at Royal Bank of Canada

Direct Line Insurance Group (OTCMKTS:DIISY – Get Rating) had its target price cut by stock analysts at Royal Bank of Canada from GBX 190 ($2.32) to GBX 180 ($2.19) in a research note issued on Wednesday, The Fly reports.

Several other equities research analysts have also commented on the stock. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Direct Line Insurance Group from GBX 225 ($2.74) to GBX 170 ($2.07) in a research report on Thursday, January 12th. HSBC raised shares of Direct Line Insurance Group from a “reduce” rating to a “hold” rating in a report on Thursday, January 12th. UBS Group reduced their target price on shares of Direct Line Insurance Group from GBX 194 ($2.36) to GBX 190 ($2.32) in a report on Tuesday, January 24th. Berenberg Bank reduced their target price on shares of Direct Line Insurance Group from GBX 160 ($1.95) to GBX 159 ($1.94) in a report on Monday, January 30th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Direct Line Insurance Group from GBX 220 ($2.68) to GBX 185 ($2.25) in a report on Thursday, January 12th. Two analysts have rated the stock with a sell rating and six have given a hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $193.43.

Direct Line Insurance Group Stock Up 2.3 %

OTCMKTS DIISY opened at $7.59 on Wednesday. Direct Line Insurance Group has a 52 week low of $7.32 and a 52 week high of $15.25. The company has a 50-day moving average price of $8.77 and a 200-day moving average price of $9.35.

Direct Line Insurance Group Company Profile

(Get Rating)

Direct Line Insurance Group Plc engages in the provision of general insurance services. It operates through the following business segments: Motor, Home, Rescue and Other Personal Lines and Commercial. The Motor segment consists of personal motor insurance cover together with the associated legal expenses business.