Derwent London (LON:DLN) Rating Reaffirmed
In an analyst research report issued by Jefferies on 27 November, The Rating on Derwent London (LON:DLN) shares of a ‘”Hold”‘ was reiterated.
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 -1.01% below today’s (GBX 3752) 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.
The stock increased 0.64% or GBX 24 on November 27, striking GBX 3752. Approximately 88,180 shares of stock traded hands. Derwent London Plc (LON:DLN) has risen 10.61% since May 1, 2015 and is uptrending. It has outperformed by 11.51% 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 4.18 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 5.61 P/E ratio. The Company’s property portfolio includes investment property, owner-occupied property and trading property.