HSBC disclosed Derwent London (LON:DLN), hiking its price target to 2,887.00GBX earlier today
- Updated: October 1, 2016
Reporting a potential upside of 0.13%, HSBC upped the price target of Derwent London (LON:DLN) to 2,887.00GBX
On 09/13/2016, Deutsche Bank released a statement on Derwent London (LON:DLN) dropped the target price from 3,510.00GBX to 2,000.00GBX that suggested an upside of 0%.
Having a price of 2,553.00GBX, Derwent London (LON:DLN) traded 0.35% higher on the day. With the last close down -12.31% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. DLN has recorded a 50-day average of 2,681.14GBX and a two hundred day average of 2,966.15GBX. Trade Volume was down over the average, with 276,567 shares of DLN changing hands under the typical 346,922
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Derwent London has a 52 week low of 2,230.00GBX and a 52 week high of 3,891.00GBX with a P/E ratio of 6.39 The company’s market cap is currently 0 GBX.
In addition to HSBC reporting its stock price target, a total of 19 brokers have issued a report on the company. The average stock price target is 3,248.95GBX with 4 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 11 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.
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, The New River Company Limited and Derwent London Capital (Jersey) Limited.
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