Derwent London Plc (DLN) Receives Consensus Recommendation of “Hold” from Brokerages
Shares of Derwent London Plc (LON:DLN) have been given a consensus recommendation of “Hold” by the eleven research firms that are currently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is GBX 2,961.82 ($38.96).
A number of equities research analysts have issued reports on DLN shares. Liberum Capital upped their price target on shares of Derwent London Plc from GBX 2,575 ($33.87) to GBX 2,650 ($34.85) and gave the company a “hold” rating in a report on Tuesday, August 1st. Peel Hunt restated a “hold” rating and set a GBX 2,900 ($38.14) price target on shares of Derwent London Plc in a report on Thursday, August 10th. Numis Securities Ltd restated a “buy” rating and set a GBX 3,457 ($45.47) price target on shares of Derwent London Plc in a report on Friday, August 11th. upped their price target on shares of Derwent London Plc from GBX 2,817 ($37.05) to GBX 3,053 ($40.16) and gave the company a “hold” rating in a report on Thursday, August 17th. Finally, J P Morgan Chase & Co restated a “neutral” rating and set a GBX 3,200 ($42.09) price target on shares of Derwent London Plc in a report on Wednesday, August 23rd.
Shares of Derwent London Plc (LON DLN) opened at GBX 2,694 ($35.43) on Tuesday. Derwent London Plc has a one year low of GBX 2,341 ($30.79) and a one year high of GBX 3,021 ($39.73).
About Derwent London Plc
Derwent London plc is a United Kingdom-based real estate investment trust (REIT) operating in central London region. The Company owns and manages a portfolio of approximately 6.2 million square feet located in over 15 villages in London’s West End and City borders and focus on middle market rents. The Company’s property portfolio includes investment property, owner-occupied property and trading property.
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