Derwent London Plc 3.8% Potential Upside Indicated by Morgan Stanley

Broker Ratings
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Derwent London Plc using EPIC/TICKER code (LON:DLN) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at Morgan Stanley. Derwent London Plc are listed in the Financials sector within UK Main Market. Morgan Stanley have set a target price of 3850 GBX on its stock. This indicates the analyst now believes there is a potential upside of 3.8% from the opening price of 3708 GBX. Over the last 30 and 90 trading days the company share price has increased 168 points and increased 550 points respectively. The 52 week high for the share price is currently at 3800 GBX while the 52 week low for the share price is 2775 GBX.

Derwent London Plc has a 50 day moving average of 3,505.89 GBX and a 200 Day Moving Average share price is recorded at 3,265.66. There are currently 111,728,294 shares in issue with the average daily volume traded being 336,617. Market capitalisation for LON:DLN is £4,185,341,893 GBP.

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