Direct Line profit rises, special dividend declared
5th Mar 2019 07:40
(Sharecast News) - Direct Line reported a drop in full-year operating profit but a rise in pre-tax profit on Tuesday as it declared a special dividend.
Read moreThursday broker round-up
31st Jan 2019 12:42
(Sharecast News) - Ferrexpo: Deutsche Bank upgrades to buy with a target price of 270p.
Read moreThursday broker round-up
10th Jan 2019 13:28
(Sharecast News) - Burberry: Berenberg downgrades to hold with a target price of 1,920p.
Read moreDirect Line said to be considering £400m bid for L&G division
19th Dec 2018 14:26
(Sharecast News) - FTSE 100 insurer Direct Line Insurance Group is said to be mulling a £400m move on Legal & General's general insurance arm.
Read moreRBC forecasts outperformance for European insurers, wealth managers
11th Dec 2018 12:05
(Sharecast News) - European insurers should outperform the market in 2019, RBC Capital Markets predicted, with strong balance sheets and stronger pricing boosting earnings, though Standard Life Aberdeen was downgraded.
Read moreSunday share tips: Gear4Music, Just Eat, Direct Line
28th Oct 2018 14:34
(Sharecast News) - A round-up of Sunday's newspaper share tips, including Gear4Music in the Mail on Sunday, Just Eat in the Sunday Times and Direct Line in the Sunday Telegraph.
Read moreWednesday broker round-up
17th Oct 2018 12:55
(Sharecast News) - Crest Nicholson: Liberum downgrades to hold with a target price of 331p.
Read moreUK car insurance premiums up for first time in a year - survey
15th Oct 2018 09:51
(Sharecast News) - British comprehensive motor insurance premiums rose by 1% in the third quarter, the first increase for year, according to a survey published on Monday by price comparison website Confused.com.
Read moreDeutsche Bank ups Direct Line to 'buy' on attractive valuation, receding risks
9th Oct 2018 09:17
(Sharecast News) - Deutsche Bank upgraded Direct Line to 'buy' from 'hold' on Tuesday and lifted the price target to 390p from 380p as it pointed to an attractive valuation, an expected inflection in motor pricing, medium-term optionality and receding risks.
Read moreWeather puts a decent dent in Direct Line's profits
1st Aug 2018 07:23
(Sharecast News) - Direct Line saw its gross written premiums fall 5% to £1.61bn in the first half, it reported on Wednesday, though excluding Nationwide and Sainsbury's, they rose 0.5% to £1.6bn.
Read moreSunday newspaper round-up: US recession, Housing policy, RBS
5th Feb 2017 16:37
(ShareCast News) - Donald Trump's economic honeymoon could come to an end as soon as next year, senior City fund managers have forecast, with the US at risk of plunging into recession. Nine years on from the start of the financial crisis, the US recovery may be overheating, Legal & General Investmen
Read moreDirect Line's shares fall as Macquarie cuts rating to 'underperform'
12th Jan 2017 09:49
(ShareCast News) - Direct Line Insurance Group's shares declined on Thursday after Macquarie Research downgraded the stock to 'underperform' from 'neutral' and cut the target price to 345p from 295p. The downgrade comes as the government is due on 31 January to announce a decision on the interest ra
Read moreDirect Line rallies on Morgan Stanley upgrade
24th Nov 2016 08:44
(ShareCast News) - Direct Line got a boost on Thursday as Morgan Stanley upgraded the stock to 'overweight' from 'equalweight' and lifted the price target to 465p from 414p. The bank said the company's shift towards more own brands business and away from partnership business should lead to higher re
Read moreDirect Line costs rise after Flood Re charges
8th Nov 2016 07:06
(ShareCast News) - Direct Line Group posted a trading update for the nine months to 30 September on Tuesday, with gross written premium for ongoing operations 4.2% higher,and the company claiming continued growth in Motor own brands, up 9.7%. The FTSE 100 firm said motor and home own brands in-force
Read moreRBC Capital downgrades Esure after GoCompare demerger
3rd Nov 2016 12:35
(ShareCast News) - Esure shares tumbled on Thursday following the completion of the demerger of price comparison website GoCompare.com. RBC Capital Markets downgraded its stance on the stock to 'underperform' from 'outperform' and slashed the price target to 180p from 305p as it removed GoCompare ea
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