Rating Report: De La Rue PLC (LON:DLAR) Investors: Numis Maintains “Add” Rating, Sees GBX 659.00/Share

November 29, 2016 - By Darrin Black

De La Rue PLC (LON:DLAR) Rating

They currently have a GBX 659.00 target price per share on De La Rue PLC (LON:DLAR). Numis’s target would suggest a potential upside of 17.94% from the company’s current price. This was revealed to investors in an analyst report on Tuesday morning.

De La Rue plc (LON:DLAR) Ratings Coverage

Out of 5 analysts covering De La Rue PLC (LON:DLAR), 4 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 80% are positive. GBX 690 is the highest target while GBX 500 is the lowest. The GBX 598.25 average target is 7.12% above today’s (GBX 558.5) stock price. De La Rue PLC has been the topic of 19 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The stock of De La Rue plc (LON:DLAR) has “Neutral” rating given on Wednesday, November 25 by JP Morgan. JP Morgan maintained the shares of DLAR in a report on Thursday, July 23 with “Neutral” rating. Numis Securities upgraded the stock to “Add” rating in Monday, May 23 report. Numis Securities maintained the shares of DLAR in a report on Friday, July 24 with “Hold” rating. The firm has “Overweight” rating given on Friday, July 22 by JP Morgan. Beaufort Securities maintained the shares of DLAR in a report on Thursday, April 14 with “Hold” rating. The firm has “Neutral” rating given on Monday, November 30 by JP Morgan. Investec maintained the stock with “Buy” rating in Wednesday, December 2 report. Citigroup upgraded De La Rue plc (LON:DLAR) rating on Tuesday, July 12. Citigroup has “Buy” rating and GBX 630 price target. Numis Securities upgraded De La Rue plc (LON:DLAR) on Thursday, January 28 to “Buy” rating.

About 369,365 shares traded hands or 66.15% up from the average. De La Rue plc (LON:DLAR) has risen 14.76% since May 2, 2016 and is uptrending. It has outperformed by 9.50% the S&P500.

De La Rue plc designs, manufactures and delivers banknotes to clients across the world. The company has a market cap of 567.61 million GBP. The Company’s divisions include Currency, Identity Solutions, and Product Authentication and Traceability. It has a 13.78 P/E ratio. The Currency segment provides printed banknotes, banknote paper and polymer substrates and banknote security components.

More recent De La Rue plc (LON:DLAR) news were published by: Valuewalk.com which released: “Elevation Capital Presentation On De La Rue plc” on August 13, 2015. Also Wsj.com published the news titled: “De La Rue Cuts Bank-Note Output, Jobs” on December 02, 2015. Fool.Co.Uk‘s news article titled: “Should You Buy AstraZeneca plc, WH Smith Plc & De La Rue plc Today?” with publication date: April 13, 2016 was also an interesting one.

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