Derwent London (NASDAQ:DWVYF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Tuesday.

According to Zacks, “Derwent London plc is a real estate investment trust. It focuses on the commercial, residential and office development market. The company operates primarily in Central London. Derwent London plc is based in London, U.K. “

Shares of Derwent London (NASDAQ:DWVYF) remained flat at $38.40 during trading on Tuesday. The company has a 50-day moving average price of $38.40 and a 200 day moving average price of $37.69. Derwent London has a 12 month low of $30.65 and a 12 month high of $38.40. The company has a market cap of $4.28 billion and a PE ratio of 30.97.

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