Derwent London Plc’s Hold Rating Reaffirmed at Liberum Capital (DLN)
Derwent London Plc (LON:DLN)‘s stock had its “hold” rating reaffirmed by analysts at Liberum Capital in a research report issued to clients and investors on Tuesday. They currently have a GBX 2,891 ($49.07) price target on the stock. Liberum Capital’s target price would indicate a potential upside of 11.04% from the company’s current price.
Derwent London Plc (LON:DLN) opened at 2595.00 on Tuesday. Derwent London Plc has a one year low of GBX 2145.00 and a one year high of GBX 2833.00. The stock’s 50-day moving average is GBX 2730.68 and its 200-day moving average is GBX 2643.. The company’s market cap is £2.659 billion.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank upgraded shares of Derwent London Plc to a “hold” rating in a research note on Tuesday. They now have a GBX 2,380 ($40.40) price target on the stock, up previously from GBX 2,200 ($37.35). Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Derwent London Plc in a research note on Monday. They now have a GBX 2,902 ($49.26) price target on the stock. Nine investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Derwent London Plc has a consensus rating of “Hold” and an average price target of GBX 2,834.60 ($48.12).
Derwent London plc is a real estate investment trust (LON:DLN) focused on the central London commercial property market.