DLN has been the subject of several other reports. Goldman Sachs Group upped their price objective on Derwent London from GBX 3,163 ($41.33) to GBX 3,269 ($42.72) and gave the stock a neutral rating in a research report on Tuesday, November 5th. Barclays reiterated an underweight rating on shares of Derwent London in a report on Wednesday, November 27th. Peel Hunt reissued a hold rating and set a GBX 3,100 ($40.51) target price on shares of Derwent London in a research report on Thursday, November 7th. Berenberg Bank boosted their target price on Derwent London from GBX 2,650 ($34.63) to GBX 2,800 ($36.59) and gave the stock a sell rating in a research note on Wednesday, October 9th. Finally, Deutsche Bank reaffirmed a buy rating on shares of Derwent London in a report on Friday, November 8th. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the stock. Derwent London currently has a consensus rating of Hold and an average price target of GBX 3,283.92 ($42.91).
Derwent London stock opened at GBX 3,714 ($48.53) on Monday. Derwent London has a 1-year low of GBX 2,775 ($36.26) and a 1-year high of GBX 3,800 ($49.65). The company has a debt-to-equity ratio of 23.91, a current ratio of 1.13 and a quick ratio of 0.57. The stock has a market cap of $4.15 billion and a PE ratio of 18.86. The stock’s fifty day moving average is GBX 3,595.36 and its two-hundred day moving average is GBX 3,270.82.
Derwent London Company Profile
Derwent London plc owns 86 buildings in a commercial real estate portfolio predominantly in central London valued at £5.2 billion (including joint ventures) as at 31 December 2018, making it the largest London-focused real estate investment trust (REIT). Our experienced team has a long track record of creating value throughout the property cycle by regenerating our buildings via development or refurbishment, effective asset management and capital recycling.
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