Derwent London Plc Stock Rating Reaffirmed by BNP Paribas (DLN)
Derwent London Plc (LON:DLN)‘s stock had its “outperform” rating reiterated by investment analysts at BNP Paribas in a report issued on Monday. They currently have a GBX 3,210 ($54.68) target price on the stock. BNP Paribas’ price objective points to a potential upside of 19.82% from the company’s current price.
Shares of Derwent London Plc (LON:DLN) traded up 0.94% during mid-day trading on Monday, hitting GBX 2679.00. The stock had a trading volume of 314,870 shares. Derwent London Plc has a 52-week low of GBX 2255.00 and a 52-week high of GBX 2833.00. The stock’s 50-day moving average is GBX 2691.33 and its 200-day moving average is GBX 2656.35. The company’s market cap is £2.745 billion.
DLN has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Derwent London Plc in a research note on Wednesday, June 25th. Separately, 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 ($51.27) 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 ($49.24) price target on the stock. Seven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Derwent London Plc currently has a consensus rating of “Buy” and a consensus target price of GBX 2,915.69 ($49.66).
Derwent London plc is a real estate investment trust (LON:DLN) focused on the central London commercial property market.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.