DLN has been the topic of several other reports. Peel Hunt reaffirmed a hold rating and set a GBX 3,100 ($40.51) target price on shares of Derwent London in a report on Thursday, November 7th. Morgan Stanley raised Derwent London to an overweight rating and increased their price target for the company from GBX 3,300 ($43.12) to GBX 3,850 ($50.31) in a research note on Thursday, November 28th. UBS Group restated a buy rating on shares of Derwent London in a research report on Tuesday, November 5th. Liberum Capital reaffirmed a hold rating on shares of Derwent London in a research note on Thursday, November 7th. Finally, Deutsche Bank reiterated 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 given a hold rating and three have issued a buy rating to the stock. Derwent London presently has an average rating of Hold and a consensus target price of GBX 3,283.92 ($42.91).
LON DLN opened at GBX 3,600 ($47.04) on Monday. The company has a market capitalization of $4.03 billion and a price-to-earnings ratio of 18.28. The company has a quick ratio of 0.57, a current ratio of 1.13 and a debt-to-equity ratio of 23.91. Derwent London has a twelve month low of GBX 2,775 ($36.26) and a twelve month high of GBX 3,694 ($48.27). The stock has a fifty day simple moving average of GBX 3,585.64 and a 200 day simple moving average of GBX 3,265.29.
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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