Direct Line Insurance Group (OTCMKTS:DIISY) Price Target Cut to GBX 180 by Analysts at JPMorgan Chase & Co.

Direct Line Insurance Group (OTCMKTS:DIISYGet Rating) had its target price decreased by JPMorgan Chase & Co. from GBX 185 ($2.25) to GBX 180 ($2.19) in a report released on Thursday morning, The Fly reports.

DIISY has been the topic of several other research reports. HSBC raised Direct Line Insurance Group from a reduce rating to a hold rating in a research note on Thursday, January 12th. Berenberg Bank decreased their target price on Direct Line Insurance Group from GBX 160 ($1.95) to GBX 159 ($1.94) in a research note on Monday, January 30th. Deutsche Bank Aktiengesellschaft decreased their target price on Direct Line Insurance Group from GBX 225 ($2.74) to GBX 170 ($2.07) in a research note on Thursday, January 12th. Royal Bank of Canada decreased their target price on Direct Line Insurance Group from GBX 190 ($2.32) to GBX 180 ($2.19) in a research note on Wednesday. Finally, UBS Group decreased their target price on Direct Line Insurance Group from GBX 194 ($2.36) to GBX 190 ($2.32) in a research note on Tuesday, January 24th. Two analysts have rated the stock with a sell rating and six have given a hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of Hold and a consensus price target of $193.43.

Direct Line Insurance Group Stock Down 1.4 %

OTCMKTS DIISY opened at $7.48 on Thursday. The stock’s 50-day moving average price is $8.70 and its 200-day moving average price is $9.34. Direct Line Insurance Group has a 52 week low of $7.32 and a 52 week high of $15.25.

About Direct Line Insurance Group

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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.

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