Derwent London Plc 17.6% Potential Upside Indicated by Numis

Broker Ratings
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Derwent London Plc with EPIC/TICKER (LON:DLN) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘ADD’ this morning by analysts at Numis. Derwent London Plc are listed in the Financials sector within UK Main Market. Numis have set their target price at 3779 GBX on its stock. This indicates the analyst now believes there is a potential upside of 17.6% from the opening price of 3214 GBX. Over the last 30 and 90 trading days the company share price has increased 10 points and decreased 52 points respectively. The 52 week high for the stock is 3344 GBX while the 52 week low is 2745 GBX.

Derwent London Plc has a 50 day moving average of 3,242.19 GBX and the 200 Day Moving Average price is recorded at 3,077.43. There are currently 51,673,482 shares in issue with the average daily volume traded being 276,466. Market capitalisation for LON:DLN is £3,561,545,552 GBP.

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    Derwent London Plc (LON:DLN) reports strong leasing results and upgraded rental growth guidance for 2024. Financial and portfolio highlights included.

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