Key Investment Analysts at Jefferies Reiterated their ‘”Hold”’ rating for Derwent London (LON:DLN) Shares Today. Their Target Provided Is GBX 3608

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Derwent London (LON:DLN) Rating Reaffirmed

London: In a very recent research note finalized on Monday, 14 December, Jefferies reiterated their “Hold” rating on Derwent London (LON:DLN) shares. They now have a GBX 3608 PT on the firm. Jefferies’s target could mean a potential downside of -0.08% from the company’s previous close.

From a total of 21 analysts covering Derwent London (LON:DLN) stock, 10 rate it a ”Buy”, 0 a “Sell”, and 10 a ”Hold”. This means that 50% of the ratings are positive. The highest target price is GBX 4710 while the lowest target price is GBX 3510. The mean of all analyst targets is GBX 4045.05 with a 3.47% above today’s (GBX 3613) stock price. Derwent London was the topic of 46 analyst reports since August 3, 2015 according to the firm StockzIntelligence Inc. Kempen & Co downgraded shares on December 8 to “Neutral” rating. JP Morgan maintained shares with “Overweight” rating and GBX 4150 target share price in a report from a November 13. Liberum Capital maintained DLN stock in a recent report from December 7 with “Hold” rating. Panmure Gordon maintained the rating on November 12. Panmure Gordon has a “Buy” rating and a GBX 4233 price target on shares. Finally, Barclays Capital maintained the stock with “Overweight” rating in a report issued on a November 19.

Approximately 28,789 shares of stock traded hands. Derwent London Plc (LON:DLN) has declined 0.86% since May 15, 2015 and is downtrending. It has outperformed by 3.56% the S&P500.

Key Investment Analysts at Jefferies Reiterated their ‘

Derwent London Plc is a United Kingdom real estate investment trust operating in central London region. The company has a market cap of 4.02 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 5.4 P/E ratio. The Company’s property portfolio includes investment property, owner-occupied property and trading property.

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