De La Rue plc Rating Increased to Add at Numis Securities Ltd (DLAR)
De La Rue plc (LON:DLAR) was upgraded by stock analysts at Numis Securities Ltd to an “add” rating in a report issued on Friday. The firm currently has a GBX 845 ($14.44) target price on the stock. Numis Securities Ltd’s price objective points to a potential upside of 13.12% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Investec reiterated a “buy” rating on shares of De La Rue plc in a research note on Thursday. They now have a GBX 915 ($15.64) price target on the stock. Separately, analysts at Beaufort Securities upgraded shares of De La Rue plc to a “buy” rating in a research note on Thursday, May 29th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 924 ($15.79).
Shares of De La Rue plc (LON:DLAR) opened at 747.00 on Friday. De La Rue plc has a 52-week low of GBX 739.00 and a 52-week high of GBX 1053.00. The stock has a 50-day moving average of GBX 802.7 and a 200-day moving average of GBX 811.9. The company’s market cap is £752.4 million.
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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