RBC Capital downgraded Direct Line Insurance to Sector Perform from Outperform with a price target of 190 GBp, down from 260 GBp. The analyst sees the stock’s risk/reward as more balanced with a dividend reset coming in 2023.
Published first on TheFly
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Read More on DIISY:
- Direct Line Insurance downgraded to Underweight from Equal Weight at Barclays
- Direct Line Insurance price target lowered to 159 GBp from 160 GBp at Berenberg
- Direct Line Insurance downgraded to Hold from Buy at Berenberg
- Direct Line Insurance price target lowered to 190 GBp from 194 GBp at UBS
- Direct Line Insurance downgraded to Sell from Neutral at Citi
