After 2022 results on Monday, Direct Line's share price is now down 60% in the past 5 years and at 5.3x its pre-COVID 2019 EPS. Direct Line made a loss in 2022, partly due to inflation and regulatory ...
Direct Line trades at a discount due to weak operating performance and turnaround program execution risk. Recent interest from Ageas in acquisition suggests potential undervaluation, but Direct Line's ...