Derwent London Plc (DLN.L) – What Are Investment Firms Thinking About This Stock?

Derwent London Plc (LON:DLN) has been assigned an average recommendation of “Hold” from the eight ratings firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 1,912.29.

A number of research firms recently weighed in on DLN. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a GBX 1,850 target price on shares of Derwent London in a report on Friday, August 7th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 1,655 price target on shares of Derwent London in a research note on Thursday, October 15th. Finally, Berenberg Bank cut their price target on Derwent London from GBX 2,210 to GBX 2,071 and set a “buy” rating for the company in a research note on Monday, September 14th.

Derwent London Stock Performance

DLN opened at GBX 1,834 on Friday. Derwent London has a 1-year low of GBX 1,469.33 and a 1-year high of GBX 2,196. The company has a market cap of £2.01 billion, a price-to-earnings ratio of 42.89, a PEG ratio of 23.10 and a beta of 1.19. The company’s fifty day moving average price is GBX 1,900.78 and its two-hundred day moving average price is GBX 1,871.42. The company has a current ratio of 1.12, a quick ratio of 0.38 and a debt-to-equity ratio of 41.50.

Derwent London (LON:DLN) last issued its quarterly earnings data on Friday, August 7th. The real estate investment trust reported GBX (16.59) earnings per share (EPS) for the quarter. Derwent London had a net margin of 11.97% and a return on equity of 1.35%. On average, analysts expect that Derwent London will post 113.74 EPS for the current fiscal year.

Derwent London Company Profile

Derwent London plc owns 66 buildings in a commercial real estate portfolio predominantly in central London valued at £4.9 billion as at 31 December 2023, making it the largest London office-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. We typically acquire central London properties off-market with low capital values and modest rents in improving locations, most of which are either in the West End or the Tech Belt.