De La Rue plc’s “Hold” Rating Reaffirmed at Panmure Gordon (DLAR)
De La Rue plc (LON:DLAR)‘s stock had its “hold” rating reiterated by analysts at Panmure Gordon in a research report issued to clients and investors on Friday, AmericanBankingNews.com reports. They currently have a GBX 806 ($13.28) price target on the stock. Panmure Gordon’s price objective suggests a potential upside of 3.20% from the company’s current price.
Shares of De La Rue plc (LON:DLAR) traded down 1.70% during mid-day trading on Friday, hitting GBX 781.00. 347,946 shares of the company’s stock traded hands. De La Rue plc has a 52 week low of GBX 759.90 and a 52 week high of GBX 1053.00. The stock’s 50-day moving average is GBX 856.2 and its 200-day moving average is GBX 922.7. The company’s market cap is £779.3 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec reiterated a “buy” rating on shares of De La Rue plc in a research note to investors on Friday. They now have a GBX 890 ($14.66) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of De La Rue plc in a research note to investors on Thursday, December 19th. They now have a GBX 854 ($14.07) price target on the stock. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. De La Rue plc has an average rating of “Hold” and a consensus price target of GBX 962.14 ($15.85).
De La Rue plc is engaged in the design and production of over 150 national currencies and a range of security documents, including passports, driving licenses, authentication labels and tax stamps.
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