Derwent London (DLN) Receives Hold Rating from Liberum Capital

Liberum Capital reiterated their hold rating on shares of Derwent London (LON:DLN) in a report published on Friday.

A number of other research firms have also issued reports on DLN. Goldman Sachs Group cut their price target on shares of Derwent London from GBX 2,976 ($38.89) to GBX 2,960 ($38.68) and set a neutral rating on the stock in a report on Friday, January 25th. Citigroup lowered shares of Derwent London to a sell rating and cut their price target for the company from GBX 3,186 ($41.63) to GBX 2,513 ($32.84) in a report on Friday, January 25th. Peel Hunt reiterated a hold rating on shares of Derwent London in a research note on Friday, November 23rd. Barclays lowered shares of Derwent London to an equal weight rating and dropped their price objective for the company from GBX 3,100 ($40.51) to GBX 2,900 ($37.89) in a research note on Tuesday, December 11th. Finally, HSBC upgraded shares of Derwent London to a hold rating in a research note on Thursday, January 24th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of GBX 3,059.85 ($39.98).

DLN stock opened at GBX 3,236 ($42.28) on Friday. Derwent London has a 52-week low of GBX 2,574 ($33.63) and a 52-week high of GBX 3,133 ($40.94).

About Derwent London

Derwent London plc owns 87 buildings in a commercial real estate portfolio predominantly in central London valued at £4.9 billion (including joint ventures) as at 31 December 2017, 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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Analyst Recommendations for Derwent London (LON:DLN)

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