De La Rue plc Just Recorded A Sigfniciant Increase

 De La Rue plc Just Recorded A Sigfniciant Increase

The stock of De La Rue plc (LON:DLAR) is a huge mover today! The stock increased 0.17% or GBX 1 on November 9, hitting GBX 579. About 108,414 shares traded hands. De La Rue plc (LON:DLAR) has risen 33.33% since April 11, 2016 and is uptrending. It has outperformed by 28.55% the S&P500.
The move comes after 7 months positive chart setup for the GBX 588.45 million company. It was reported on Nov, 9 by Barchart.com. We have GBX 937.98 PT which if reached, will make LON:DLAR worth GBX 364.84 million more.

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. De La Rue PLC has been the topic of 18 analyst reports since July 23, 2015 according to StockzIntelligence Inc. Numis Securities upgraded the stock to “Buy” rating in Thursday, January 28 report. JP Morgan upgraded De La Rue plc (LON:DLAR) on Friday, July 8 to “Overweight” rating. Numis Securities upgraded De La Rue plc (LON:DLAR) on Monday, May 23 to “Add” rating. Numis Securities downgraded De La Rue plc (LON:DLAR) on Thursday, April 14 to “Hold” rating. The rating was maintained by JP Morgan on Wednesday, November 25 with “Neutral”. The firm has “Neutral” rating by JP Morgan given on Monday, November 30. As per Wednesday, December 2, the company rating was maintained by Investec. The stock of De La Rue plc (LON:DLAR) has “Neutral” rating given on Thursday, July 23 by JP Morgan. The stock of De La Rue plc (LON:DLAR) earned “Buy” rating by Investec on Thursday, July 23. Citigroup upgraded it to “Buy” rating and GBX 630 target price in Tuesday, July 12 report.

More notable 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 with their article: “De La Rue Cuts Bank-Note Output, Jobs” published on December 02, 2015, Fool.Co.Uk published: “Should You Buy AstraZeneca plc, WH Smith Plc & De La Rue plc Today?” on April 13, 2016. More interesting news about De La Rue plc (LON:DLAR) were released by: Fool.Co.Uk and their article: “De La Rue plc Slides As Dividend Is Slashed” published on September 26, 2014 as well as Fool.Co.Uk‘s news article titled: “5 ‘Magic’ Greenblatt Strategy Stocks: De La Rue plc, WPP PLC, Carillion plc …” with publication date: June 17, 2015.

De La Rue plc designs, manufactures and delivers banknotes to clients across the world. The company has a market cap of 588.45 million GBP. The Company’s divisions include Currency, Identity Solutions, and Product Authentication and Traceability. It has a 12.46 P/E ratio. The Currency segment provides printed banknotes, banknote paper and polymer substrates and banknote security components.

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