Derwent London Plc 9.8% potential upside indicated by Berenberg Bank

Derwent London Plc with ticker (LON:DLN) now has a potential upside of 9.8% according to Berenberg Bank.



Berenberg Bank set a target price of 3,700 GBX for the company, which when compared to the Derwent London Plc share price of 3,338 GBX at opening today (21/10/2021) indicates a potential upside of 9.8%. Trading has ranged between 2,562 (52 week low) and 3,850 (52 week high) with an average of 221,408 shares exchanging hands daily. The market capitalisation at the time of writing is £3,755,303,877.

Derwent London plc is a United Kingdom-based real estate investment trust (REIT) operating in central London region. The Company owns and manages a portfolio of approximately 5.7 million square feet of commercial real estate, predominantly in central London. The Company’s property portfolio includes investment property, owner-occupied property and trading property. The Company’s properties are located in London (West End central, West End borders and City borders), with the remainder in Scotland (Provincial). The Company’s subsidiaries include Derwent London Charlotte Street Limited, Caledonian Property Estates Limited, Caledonian Property Investments Limited, Derwent Central Cross Limited, Derwent London KSW Limited, Derwent Valley Limited, The New River Company Limited and Derwent London Capital (Jersey) Limited.