Core Viewpoint - Deluxe (DLX) shares have increased by 7.4% over the past four weeks, closing at $15.23, with a mean price target of $27.60 indicating a potential upside of 81.2% [1] Price Targets and Analyst Consensus - The average price target consists of five estimates ranging from a low of $23 to a high of $32, with a standard deviation of $3.65, suggesting a potential increase of 51% to 110.1% from the current price [2] - A low standard deviation indicates strong agreement among analysts regarding the stock's price movement, which can serve as a starting point for further research [9] Earnings Estimates and Market Sentiment - Analysts have shown increasing optimism about DLX's earnings prospects, as evidenced by a positive trend in earnings estimate revisions, which correlates with near-term stock price movements [11] - Over the last 30 days, one earnings estimate has increased, leading to a 5.1% rise in the Zacks Consensus Estimate for the current year [12] Zacks Rank and Investment Potential - DLX holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, indicating strong potential for upside in the near term [13]
Does Deluxe (DLX) Have the Potential to Rally 81.22% as Wall Street Analysts Expect?