Derwent London Plc Given Hold Rating at Deutsche Bank (DLN)
Derwent London Plc (LON:DLN)‘s stock had its “hold” rating reaffirmed by stock analysts at Deutsche Bank in a report issued on Monday. They currently have a GBX 2,380 ($40.75) price objective on the stock. Deutsche Bank’s price target would indicate a potential downside of 10.56% from the company’s current price.
A number of other analysts have also recently weighed in on DLN. Analysts at BNP Paribas reiterated an “outperform” rating on shares of Derwent London Plc in a research note on Tuesday, July 8th. They now have a GBX 3,160 ($54.10) price target on the stock. Separately, analysts at Jefferies Group upgraded shares of Derwent London Plc to a “buy” rating in a research note on Wednesday, July 2nd. They now have a GBX 3,062 ($52.42) 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 Monday, June 30th. They now have a GBX 2,891 ($49.49) price target on the stock. Six analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of GBX 2,885.29 ($49.40).
Shares of Derwent London Plc (LON:DLN) traded up 0.83% on Monday, hitting GBX 2683.00. 102,737 shares of the company’s stock traded hands. Derwent London Plc has a 1-year low of GBX 2255.00 and a 1-year high of GBX 2833.00. The stock’s 50-day moving average is GBX 2679. and its 200-day moving average is GBX 2673.. The company’s market cap is £2.749 billion.
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.