Deutsche Bank Reiterates “Hold” Rating for Derwent London Plc (DLN)
Derwent London Plc (LON:DLN) traded up 0.23% on Wednesday, hitting GBX 2602.00. 110,023 shares of the company’s stock traded hands. Derwent London Plc has a 1-year low of GBX 2230.00 and a 1-year high of GBX 2833.00. The stock has a 50-day moving average of GBX 2702. and a 200-day moving average of GBX 2651.61. The company’s market cap is £2.666 billion.
DLN has been the subject of a number of other recent research reports. Analysts at Societe Generale upgraded shares of Derwent London Plc to a “buy” rating in a research note on Thursday, June 19th. They now have a GBX 3,010 ($51.23) price target on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Derwent London Plc in a research note on Tuesday, June 17th. They now have a GBX 3,210 ($54.63) price target on the stock. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of Derwent London Plc in a research note on Tuesday, June 17th. They now have a GBX 2,891 ($49.20) price target on the stock. Seven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of GBX 2,915.69 ($49.62).
Derwent London plc is a real estate investment trust (LON:DLN) focused on the central London commercial property market.
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