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Will the De La Rue share price run continue?

In this article we will quickly re-cap the broker forecasts for De La Rue (LON:DLAR).

The De La Rue share price has risen by 291.7% over the past month and it’s currently trading at 149.55. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.

According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, De La Rue currently has:

  • 1 Buy recommendations

  • 1 Hold recommendations

  • 0 Sell recommendations


This suggests that analysts are generally positive about the outlook.

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GET MORE DATA-DRIVEN INSIGHTS INTO LON:DLAR »

Questioning broker positivity

At its current price of 149.55, shares in De La Rue are trading at a discount of -47.5% to its 52 week high price. The 1-year performance of the shares has been -45.4%.

While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of De La Rue it's worth doing some investigation yourself.

There are all sorts of factors that could affect De La Rue's share price this year – we simplify them into easy to understand scores with our Stockopedia StockReport. Click here to take a look at the StockReport for De La Rue – you might discover some surprising things you didn’t know.