Derwent London Plc (OTCMKTS:DWVYF - Get Free Report)'s share price fell 3.1% during mid-day trading on Friday . The company traded as low as $22.20 and last traded at $22.20. 87 shares traded hands during mid-day trading, an increase of 1,900% from the average session volume of 4 shares. The stock had previously closed at $22.90.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on DWVYF. Citigroup upgraded shares of Derwent London from a "hold" rating to a "strong-buy" rating in a report on Thursday, May 1st. The Goldman Sachs Group reissued a "buy" rating on shares of Derwent London in a research report on Monday, May 19th.
View Our Latest Report on DWVYF
Derwent London Stock Down 3.1%
The company has a fifty day moving average of $22.87 and a 200-day moving average of $23.43.
About Derwent London
(
Get Free Report)
Derwent London plc owns 66 buildings in a commercial real estate portfolio predominantly in central London valued at £4.9 billion as at 31 December 2023, making it the largest London office-focused real estate investment trust (REIT). Our experienced team has a long track record of creating value throughout the property cycle by regenerating our buildings via development or refurbishment, effective asset management and capital recycling.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Derwent London, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Derwent London wasn't on the list.
While Derwent London currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.