Derwent London Plc (DLN) Received Consensus Rating of “Hold” by Analysts


Shares of Derwent London Plc (LON:DLN) have earned a consensus recommendation of “Hold” from the twelve analysts that are covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is GBX 3,103.44 ($40.55).


A number of brokerages have recently commented on DLN. Goldman Sachs Group decreased their price target on shares of Derwent London from GBX 2,991 ($39.08) to GBX 2,976 ($38.89) and set a “neutral” rating on the stock in a report on Tuesday, December 18th. Liberum Capital reissued a “hold” rating and issued a GBX 3,100 ($40.51) price target on shares of Derwent London in a report on Thursday, November 8th. Barclays lowered shares of Derwent London to an “equal weight” rating and decreased their price target for the stock from GBX 3,100 ($40.51) to GBX 2,900 ($37.89) in a report on Tuesday, December 11th. Peel Hunt reissued a “hold” rating on shares of Derwent London in a report on Thursday, November 8th. Finally, BNP Paribas raised shares of Derwent London to a “neutral” rating and increased their price target for the stock from GBX 3,170 ($41.42) to GBX 3,230 ($42.21) in a report on Tuesday, September 11th.

LON DLN opened at GBX 2,850 ($37.24) on Wednesday. Derwent London has a 1 year low of GBX 2,574 ($33.63) and a 1 year high of GBX 3,133 ($40.94).

Derwent London Company Profile

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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