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 2,891 ($49.24) price objective on the stock. Liberum Capital’s price target suggests a potential upside of 8.93% from the stock’s previous close.
A number of other analysts have also recently weighed in on DLN. 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 ($49.43) 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 Monday. They now have a GBX 3,210 ($54.68) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Derwent London Plc in a research note on Wednesday, June 25th. Seven research analysts have rated the stock with a hold rating and seven have issued 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 0.49% during mid-day trading on Monday, hitting GBX 2667.00. The stock had a trading volume of 142,755 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 2696. and its 200-day moving average is GBX 2651.62. The company’s market cap is £2.733 billion.
Derwent London plc is a real estate investment trust (LON:DLN) focused on the central London commercial property market.
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