Derwent London Given New GBX 2,849 Price Target at Liberum Capital (DLN)
Equities researchers at Liberum Capital hoisted their price objective on shares of Derwent London (LON:DLN) from GBX 2,676 ($43.93) to GBX 2,849 ($46.77) in a research report issued on Thursday, AnalystRatingsNetwork reports. The firm currently has a “hold” rating on the stock. Liberum Capital’s price target suggests a potential upside of 8.91% from the stock’s previous close.
DLN has been the subject of a number of other recent research reports. Analysts at HSBC reiterated an “overweight” rating on shares of Derwent London in a research note to investors on Tuesday. They now have a GBX 3,202 ($52.56) price target on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Derwent London in a research note to investors on Monday. They now have a GBX 2,890 ($47.44) price target on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Derwent London from GBX 2,500 ($41.04) to GBX 2,650 ($43.50) in a research note to investors on Wednesday, January 15th. They now have a “neutral” rating on the stock. Ten equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of GBX 2,644.98 ($43.42).
Derwent London (LON:DLN) traded down 0.23% during mid-day trading on Thursday, hitting GBX 2620.00. The stock had a trading volume of 74,743 shares. Derwent London has a one year low of GBX 2101.00 and a one year high of GBX 2636.00. The stock has a 50-day moving average of GBX 2481. and a 200-day moving average of GBX 2435.. The company’s market cap is £2.683 billion.
Derwent London plc is a real estate investment trust (LON:DLN) focused on the central London commercial property market.
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