Derwent London (LON:DLN) Rating Reaffirmed
They currently have a GBX 3608.00 TP on Derwent London (LON:DLN). The target price by Jefferies International would suggest a potential downside of -3.03% from the company’s previous stock close. This has been revealed to clients and investors in recent note on Friday, 27 November.
From a total of 17 analysts covering Derwent London (LON:DLN) stock, 7 rate it a ”Buy”, 0 a “Sell”, and 10 a ”Hold”. This means that 41% of the ratings are positive. The highest target price is GBX 4307 while the lowest target price is GBX 3. The mean of all analyst targets is GBX 3713.94 with a -0.18% below today’s (GBX 3720.8) stock price. Derwent London was the topic of 41 analyst reports since August 3, 2015 according to the firm StockzIntelligence Inc. Jefferies maintained shares on November 27 with “Hold” rating. Credit Suisse maintained shares with “Neutral” rating and GBX 4280 target share price in a report from an October 26. JP Morgan maintained DLN stock in a recent report from November 13 with “Overweight” rating. Deutsche Bank maintained the rating on October 21. Deutsche Bank has a “Hold” rating and a GBX 3510 price target on shares. Finally, Panmure Gordon maintained the stock with “Buy” rating in a report issued on a November 12.
Approximately 474 shares of stock traded hands. Derwent London Plc (LON:DLN) has risen 8.37% since April 30, 2015 and is uptrending. It has outperformed by 9.73% the S&P500.
Derwent London Plc is a United Kingdom real estate investment trust operating in central London region. The company has a market cap of 4.14 billion GBP. The Firm owns and manages a portfolio of 5.7 million square feet located in 17 villages in London’s West End and City borders and focus on middle market rents. It has 5.56 P/E ratio. The Company’s property portfolio includes investment property, owner-occupied property and trading property.