Derwent London Plc Given Hold Rating at Liberum Capital (DLN)
Derwent London Plc (LON:DLN)‘s stock had its “hold” rating restated by equities research analysts at Liberum Capital in a research note issued to investors on Thursday, AnalystRatings.NET reports. They currently have a GBX 2,849 ($48.06) price objective on the stock. Liberum Capital’s price target suggests a potential upside of 3.63% from the stock’s previous close.
Shares of Derwent London Plc (LON:DLN) opened at 2788.00 on Thursday. Derwent London Plc has a 52-week low of GBX 2145.00 and a 52-week high of GBX 2810.00. The stock’s 50-day moving average is GBX 2726. and its 200-day moving average is GBX 2594.. The company’s market cap is £2.857 billion.
A number of other firms have also recently commented on DLN. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Derwent London Plc in a research note on Friday, May 2nd. They now have a GBX 2,950 ($49.76) price target on the stock. Separately, analysts at Jefferies Group raised their price target on shares of Derwent London Plc from GBX 2,842 ($47.94) to GBX 2,902 ($48.95) in a research note on Thursday, May 1st. They now have a “hold” rating on the stock. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of Derwent London Plc in a research note on Friday, April 25th. They now have a GBX 3,210 ($54.15) price target on the stock. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of GBX 2,846.47 ($48.02).
Derwent London plc is a real estate investment trust (LON:DLN) focused on the central London commercial property market.
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