Derwent London Plc 6.1% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings
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Derwent London Plc with EPIC/TICKER (LON:DLN) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Derwent London Plc are listed in the Financials sector within UK Main Market. JP Morgan Cazenove have set their target price at 3720 GBX on its stock. This now indicates the analyst believes there is a potential downside of -6.1% from today’s opening price of 3962 GBX. Over the last 30 and 90 trading days the company share price has increased 98 points and increased 398 points respectively. The 52 week high for the share price is currently at 4082 GBX while the 52 week low for the stock is 2858 GBX.

Derwent London Plc has a 50 day moving average of 3,810.84 GBX and a 200 day moving average of 3,375.10. There are currently 111,773,286 shares in issue with the average daily volume traded being 361,562. Market capitalisation for LON:DLN is £4,511,169,822 GBP.

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