Derwent London Plc Stock Rating Reaffirmed by Liberum Capital (DLN)
Derwent London Plc (LON:DLN)‘s stock had its “hold” rating restated by investment analysts at Liberum Capital in a note issued to investors on Monday. They currently have a GBX 2,885 ($48.53) price target on the stock. Liberum Capital’s price target would suggest a potential upside of 6.97% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Kempen & Co upgraded shares of Derwent London Plc to an “overweight” rating in a research note on Wednesday, May 14th. They now have a GBX 2,750 ($46.26) price target on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Derwent London Plc in a research note on Monday, May 12th. They now have a GBX 2,902 ($48.81) price target on the stock. Finally, 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 ($49.62) price target on the stock. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of GBX 2,866.64 ($48.22).
Derwent London Plc (LON:DLN) opened at 2694.00 on Monday. Derwent London Plc has a one year low of GBX 2145.00 and a one year high of GBX 2833.00. The stock has a 50-day moving average of GBX 2739. and a 200-day moving average of GBX 2604.87. The company’s market cap is £2.761 billion.
Derwent London plc is a real estate investment trust (LON:DLN) focused on the central London commercial property market.
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