Todays Report: Today, Numis Securities Ltd Raises De La Rue plc (DLAR) Price Target to GBX 659

Today, Numis Securities Ltd Raises De La Rue plc (DLAR) Price Target to GBX 659

De La Rue plc (LON:DLAR) had its price objective boosted by stock analysts at Numis Securities Ltd from GBX 580 ($7.20) to GBX 659 ($8.18) in a note issued to investors on Tuesday. The brokerage presently has an “add” rating on the stock. Numis Securities Ltd’s price target would indicate a potential upside of 19.61% from the company’s previous close.

Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 670 ($8.31) price objective on shares of De La Rue plc in a research note on Wednesday, November 23rd. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. De La Rue plc presently has an average rating of “Buy” and a consensus target price of GBX 622.25 ($7.72).

De La Rue plc (LON:DLAR) opened at 559.02 on Tuesday. The stock’s 50 day moving average price is GBX 580.24 and its 200-day moving average price is GBX 576.79. De La Rue plc has a 12 month low of GBX 395.50 and a 12 month high of GBX 647.00. The firm’s market capitalization is GBX 567.19 million.

The firm also recently announced a dividend, which will be paid on Wednesday, January 11th. Investors of record on Thursday, December 8th will be given a dividend of GBX 8.30 ($0.10) per share. The ex-dividend date is Thursday, December 8th. This represents a yield of 1.47%.

In other De La Rue plc news, insider Jitesh Himatlal Sodha bought 2,755 shares of De La Rue plc stock in a transaction that occurred on Tuesday, November 22nd. The shares were purchased at an average cost of GBX 586 ($7.27) per share, for a total transaction of £16,144.30 ($20,027.66).

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