De La Rue plc (DLAR) Price Target Raised to GBX 659 at Numis Securities Ltd
De La Rue plc (LON:DLAR) had its target price upped by Numis Securities Ltd from GBX 580 ($7.20) to GBX 659 ($8.18) in a report published on Tuesday morning. They currently have an add rating on the stock.
Separately, JPMorgan Chase & Co. restated an overweight rating and set a GBX 670 ($8.31) price objective on shares of De La Rue plc in a report on Wednesday, November 23rd. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company presently has an average rating of Buy and a consensus price target of GBX 622.25 ($7.72).
De La Rue plc (LON:DLAR) opened at 580.50 on Tuesday. The stock’s market cap is GBX 588.99 million. De La Rue plc has a 1-year low of GBX 395.50 and a 1-year high of GBX 647.00. The stock has a 50 day moving average price of GBX 580.24 and a 200 day moving average price of GBX 576.79.
COPYRIGHT VIOLATION WARNING: “De La Rue plc (DLAR) Price Target Raised to GBX 659 at Numis Securities Ltd” was reported by Financial Market News and is the sole property of of Financial Market News. If you are accessing this news story on another website, it was stolen and reposted in violation of U.S. & international trademark and copyright laws. The legal version of this news story can be accessed at http://www.financial-market-news.com/de-la-rue-plc-dlar-price-target-raised-to-gbx-659-at-numis-securities-ltd/1210504/.
The business also recently announced a dividend, which will be paid on Wednesday, January 11th. Shareholders of record on Thursday, December 8th will be given a dividend of GBX 8.30 ($0.10) per share. The ex-dividend date of this dividend is Thursday, December 8th. This represents a yield of 1.47%.
In related news, insider Jitesh Himatlal Sodha bought 2,755 shares of the company’s stock in a transaction on Tuesday, November 22nd. The shares were acquired at an average price of GBX 586 ($7.27) per share, with a total value of £16,144.30 ($20,027.66).
De La Rue plc Company Profile
De La Rue plc designs, manufactures and delivers banknotes to customers across the world. The Company’s segments include Currency, Identity Solutions, and Product Authentication and Traceability. The Currency segment provides printed banknotes, banknote paper and polymer substrates and banknote security components.
Receive News & Ratings for De La Rue plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for De La Rue plc and related companies with MarketBeat.com's FREE daily email newsletter.