Deutsche Bank announced Derwent London (LON:DLN), dropping its stock price target to 2,000.00GBX today
- Updated: September 16, 2016
Boasting a price of 0.00GBX, Derwent London (LON:DLN) traded 0.83% higher on the day. With the last stock price close down 15.09% from the two hundred day average, compared to the S&P 500 which has decreased -0.01% over the same period. DLN has registered a 50-day moving average of 2,735.59GBX and two hundred day average of 2,996.17GBX. Volume of trade was was up over the average, with 1,119,024 shares of DLN changing hands over the typical 395,911 shares.
Deutsche Bank dropped the estimated target of Derwent London (LON:DLN) to 2,000GBX, stating a possible upside of 0.00%,
Previously on 9/9/2016, Liberum Capital released a statement for Derwent London(LON:DLN) held the target price at 2,500.00GBX that indicated a possible downside of -0.09%.
See Graph Below:
A total of 19 brokers have reported on DLN. Four analysts rate the company a strong buy, four analysts rate the stock a buy, 11 firms rate the stock a hold, one firm rate the stock to underperform, and finally 0 analystsrate the company as sell with an average target stock price of 3,248.95GBX
Derwent London has a PE of 6 with a 52 week low of 2,230.00GBX and a 52 week high of 3,891.00GBX. Derwent London’s total market value is currently 0.0 GBX.
Brief Synopsis 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.
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