Direct Line Insurance Group (OTCMKTS:DIISY) PT Lowered to GBX 310

Direct Line Insurance Group (OTCMKTS:DIISYGet Rating) had its price objective reduced by Morgan Stanley from GBX 330 ($4.12) to GBX 310 ($3.87) in a report issued on Thursday, The Fly reports.

Other research analysts have also issued research reports about the stock. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Direct Line Insurance Group from GBX 340 ($4.25) to GBX 335 ($4.18) in a report on Wednesday, March 16th. Barclays lowered shares of Direct Line Insurance Group from an “overweight” rating to an “equal weight” rating in a report on Tuesday, March 29th. JPMorgan Chase & Co. lowered their price target on shares of Direct Line Insurance Group from GBX 370 ($4.62) to GBX 315 ($3.94) in a report on Thursday. Finally, UBS Group raised their price target on shares of Direct Line Insurance Group from GBX 325 ($4.06) to GBX 336 ($4.20) in a report on Wednesday, February 16th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, Direct Line Insurance Group has an average rating of “Buy” and an average price target of $262.37.

OTCMKTS DIISY traded down $0.46 during trading hours on Thursday, reaching $12.40. The company’s stock had a trading volume of 3,329 shares, compared to its average volume of 2,986. The firm has a fifty day simple moving average of $14.26 and a 200-day simple moving average of $15.10. Direct Line Insurance Group has a 52 week low of $12.15 and a 52 week high of $17.85.

Direct Line Insurance Group Company Profile (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.

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