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

Shares of Derwent London Plc (LON:DLN) have been given a consensus recommendation of “Hold” by the eight research firms that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and three have given a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is GBX 1,912.29.

Several research analysts have weighed in on DLN shares. Berenberg Bank lowered their price target on shares of Derwent London from GBX 2,210 to GBX 2,071 and set a “buy” rating on the stock in a report on Monday, September 14th. Jefferies Financial Group restated a “hold” rating and set a GBX 1,655 price objective on shares of Derwent London in a report on Thursday, October 15th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 1,850 target price on shares of Derwent London in a research report on Friday, August 7th.

Derwent London Price Performance

LON:DLN opened at GBX 1,874 on Friday. Derwent London has a one year low of GBX 1,469.33 and a one year high of GBX 2,196. The company has a market cap of £2.06 billion, a P/E ratio of 43.83, a P/E/G ratio of 23.10 and a beta of 1.19. The firm’s fifty day moving average price is GBX 1,891.94 and its two-hundred day moving average price is GBX 1,875.09. The company has a debt-to-equity ratio of 41.50, a current ratio of 1.12 and a quick ratio of 0.38.

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