Derwent London Plc Receives Average Rating of “Buy” from Brokerages (LON:DLN)
Derwent London Plc (LON:DLN) has earned an average recommendation of “Buy” from the fifteen brokerages that are covering the company, Analyst Ratings Network.com reports. Seven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 2,924.15 ($49.65).
A number of research firms have recently commented on DLN. Analysts at Liberum Capital reiterated a “hold” rating on shares of Derwent London Plc in a research note on Wednesday, July 23rd. They now have a GBX 2,891 ($49.09) 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 Tuesday, July 22nd. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Derwent London Plc in a research note on Monday, July 21st. They now have a GBX 3,062 ($52.00) price target on the stock.
Derwent London Plc (LON:DLN) traded up 0.26% on Tuesday, hitting GBX 2740.00. The stock had a trading volume of 57,127 shares. Derwent London Plc has a 52 week low of GBX 2255.00 and a 52 week high of GBX 2833.00. The stock has a 50-day moving average of GBX 2676.63 and a 200-day moving average of GBX 2691.88. The company’s market cap is £2.808 billion.
Derwent London plc is a real estate investment trust (LON:DLN) focused on the central London commercial property market.
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