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 cut by Barclays from GBX 278 ($3.29) to GBX 275 ($3.25) in a research note published on Tuesday, The Fly reports.

DIISY has been the topic of several other research reports. Morgan Stanley decreased their price target on Direct Line Insurance Group from GBX 210 ($2.48) to GBX 200 ($2.36) in a research note on Wednesday, November 9th. HSBC raised Direct Line Insurance Group from a reduce rating to a hold rating in a research note on Thursday, September 29th. Deutsche Bank Aktiengesellschaft cut their price objective on Direct Line Insurance Group from GBX 230 ($2.72) to GBX 225 ($2.66) in a report on Wednesday, November 9th. Berenberg Bank cut their price objective on Direct Line Insurance Group from GBX 266 ($3.15) to GBX 259 ($3.06) in a report on Thursday, November 10th. Finally, JPMorgan Chase & Co. cut their price objective on Direct Line Insurance Group from GBX 230 ($2.72) to GBX 220 ($2.60) in a report on Wednesday, November 9th. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of Hold and an average price target of $242.00.

Direct Line Insurance Group Stock Down 2.5 %

Shares of Direct Line Insurance Group stock opened at $10.33 on Tuesday. Direct Line Insurance Group has a 52 week low of $7.60 and a 52 week high of $17.50. The business’s fifty day simple moving average is $9.14 and its 200-day simple 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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