Derwent London Plc 14.5% Potential Upside Indicated by Morgan Stanley

Broker Ratings
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Derwent London Plc using EPIC/TICKER code (LON:DLN) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at Morgan Stanley. Derwent London Plc are listed in the Financials sector within UK Main Market. Morgan Stanley have set their target price at 3400 GBX on its stock. This now indicates the analyst believes there is a possible upside of 14.5% from the opening price of 2970 GBX. Over the last 30 and 90 trading days the company share price has decreased 426 points and decreased 1212 points respectively. The 1 year high for the share price is 4362 GBX while the year low share price is currently 2462 GBX.

Derwent London Plc has a 50 day moving average of 3,376.80 GBX and a 200 day moving average of 3,590.12. There are currently 111,945,801 shares in issue with the average daily volume traded being 344,278. Market capitalisation for LON:DLN is £3,268,817,389 GBP.

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