Morgan Stanley analyst Ashik Musaddi resumed coverage of Direct Line with an Equal Weight rating and 205 GBp price target. The firm says UK Motor is showing signs of recovery, with written margin over 10% and the company’s other business performing in-line.
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: