Derwent London Plc Stock Rating Reaffirmed by Oriel Securities Ltd (DLN)
DLN has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. upgraded shares of Derwent London Plc to an “overweight” rating in a research note on Thursday, August 14th. They now have a GBX 3,060 ($50.78) price target on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Derwent London Plc in a research note on Thursday, August 14th. They now have a GBX 2,891 ($47.98) price target on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Derwent London Plc in a research note on Tuesday, August 12th. They now have a GBX 3,062 ($50.81) price target on the stock. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Derwent London Plc has an average rating of “Buy” and an average target price of GBX 2,982.18 ($49.49).
Derwent London Plc (LON:DLN) traded down 0.32% during mid-day trading on Tuesday, hitting GBX 2792.00. 142,527 shares of the company’s stock traded hands. Derwent London Plc has a 52 week low of GBX 2255.00 and a 52 week high of GBX 2872.00. The stock’s 50-day moving average is GBX 2732.15 and its 200-day moving average is GBX 2719.11. The company’s market cap is £2.868 billion.
The company also recently declared a dividend, which is scheduled for Thursday, October 23rd. Shareholders of record on Wednesday, September 17th will be given a dividend of GBX 11.65 ($0.19) per share. This represents a yield of 0.42%. The ex-dividend date of this dividend is Wednesday, September 17th.
Derwent London plc is a real estate investment trust (LON:DLN) focused on the central London commercial property market.
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