Derwent London Plc Stock Rating Reaffirmed by Jefferies Group (DLN)
Derwent London Plc (LON:DLN)‘s stock had its “hold” rating reiterated by research analysts at Jefferies Group in a report released on Monday. They currently have a GBX 2,902 ($49.43) price target on the stock. Jefferies Group’s target price indicates a potential upside of 8.32% from the stock’s previous close.
A number of other firms have also recently commented on DLN. Analysts at BNP Paribas reiterated an “outperform” rating on shares of Derwent London Plc in a research note on Monday. They now have a GBX 3,210 ($54.68) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Derwent London Plc in a research note on Wednesday, June 25th. Finally, 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. Seven investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Derwent London Plc currently has an average rating of “Buy” and an average price target of GBX 2,915.69 ($49.66).
Derwent London Plc (LON:DLN) traded up 0.94% on Monday, hitting GBX 2679.00. The stock had a trading volume of 314,870 shares. Derwent London Plc has a 1-year low of GBX 2255.00 and a 1-year high of GBX 2833.00. The stock has a 50-day moving average of GBX 2691.33 and a 200-day moving average of GBX 2656.35. The company’s market cap is £2.745 billion.
Derwent London plc is a real estate investment trust (LON:DLN) focused on the central London commercial property market.
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