Yesterday Derwent London (LON:DLN) traded 0.18% higher at 2,721.00GBX. The company’s 50-day moving average is 2,718.89GBX and its two hundred day average is 3,063.41GBX. The last stock close is down 10.33% relative to the two hundred day average, compared to the S&P 500 Index which has raised 0.00% over the date range. 205,145 shares of the stock exchanged hands, down from an average trading volume of 362,864.
In a statement issued on 8/12/2016 Societe Generale held steady the target price of Derwent London (LON:DLN) at 2,820GBX
On 8/12/2016, JP Morgan Cazenove reported about Derwent London(LON:DLN) of “Overweight” with a target price of 4,150GBX. At the time, this indicated a possible upside of 0.51%.
A total of 19 brokerages have released a report on the company. Four analysts rate the company a strong buy, four analysts rate the stock a buy, 11 firms rate the stock a hold, one analyst rate the stock to underperform, and finally zero analystsrate the stock as sell with a one year target price of 3,248.95GBX
Derwent London has a 52 week low of 2,230.00GBX and a 52 week high of 3,891.00GBX with a price-earnings ratio of 4 and has a total market value of 3.1B GBX.
General Information About Derwent London (LON:DLN)
Derwent London plc is a United Kingdom-based real estate investment trust (REIT) operating in central London region. The Company owns and manages a portfolio of approximately 6.2 million square feet located in over 15 villages in London’s West End and City borders and focus on middle market rents. The Company’s property portfolio includes investment property, owner-occupied property and trading property. The Company’s properties are located in London (West End central, West End borders and City borders), with the remainder in Scotland (Provincial). The Company’s subsidiaries include Derwent London Charlotte Street Limited, Caledonian Property Estates Limited, Caledonian Property Investments Limited, Derwent Central Cross Limited, Derwent London KSW Limited, Derwent Valley Limited, and The New River Company Limited and Derwent London Capital (Jersey) Limited.