Direct Line Insurance Group (OTCMKTS:DIISY) Rating Increased to Hold at HSBC

Direct Line Insurance Group (OTCMKTS:DIISYGet Rating) was upgraded by equities research analysts at HSBC from a “reduce” rating to a “hold” rating in a research note issued to investors on Thursday, The Fly reports.

Other equities research analysts also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Direct Line Insurance Group from GBX 230 ($2.80) to GBX 225 ($2.74) in a research note on Wednesday, November 9th. Royal Bank of Canada decreased their target price on shares of Direct Line Insurance Group from GBX 270 ($3.29) to GBX 260 ($3.17) in a research report on Wednesday, November 16th. Morgan Stanley reduced their price objective on shares of Direct Line Insurance Group from GBX 210 ($2.56) to GBX 200 ($2.44) in a research report on Wednesday, November 9th. Barclays reduced their price objective on shares of Direct Line Insurance Group from GBX 278 ($3.39) to GBX 275 ($3.35) in a research report on Tuesday, November 22nd. Finally, JPMorgan Chase & Co. dropped their target price on shares of Direct Line Insurance Group from GBX 230 ($2.80) to GBX 220 ($2.68) in a research note on Wednesday, November 9th. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $229.14.

Direct Line Insurance Group Stock Down 4.1 %

DIISY opened at $8.52 on Thursday. Direct Line Insurance Group has a 1-year low of $7.60 and a 1-year high of $17.50. The company has a fifty day moving average price of $10.25 and a two-hundred day moving average price of $9.96.

About Direct Line Insurance Group

(Get Rating)

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.

Featured Articles

The Fly logo

Analyst Recommendations for Direct Line Insurance Group (OTCMKTS:DIISY)

Receive News & Ratings for Direct Line Insurance Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direct Line Insurance Group and related companies with MarketBeat.com's FREE daily email newsletter.