Berenberg downgraded Direct Line to Hold from Buy with an unchanged price target of 220 GBp. The analyst is skeptical about the company’s ability to achieve a 13% net insurance margin in 2026.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DIISY: