Free Trial

Derwent London's (DLN) Buy Rating Reiterated at Shore Capital

Derwent London logo with Real Estate background

Key Points

  • Shore Capital has reaffirmed its "buy" rating for Derwent London (LON:DLN) in a recent research note to investors.
  • Derwent London, with a market capitalization of £2.14 billion, owns a portfolio of 66 commercial buildings valued at £4.9 billion, primarily in central London.
  • The company's stock performance shows a 12-month high of GBX 2,530 and a low of GBX 1,665, with the current trading price at GBX 1,914 ($25.73).
  • Want stock alerts on Derwent London? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Derwent London (LON:DLN - Get Free Report)'s stock had its "buy" rating reaffirmed by Shore Capital in a research report issued to clients and investors on Monday, Marketbeat reports.

Derwent London Trading Up 0.8%

Shares of DLN stock traded up GBX 13.29 ($0.18) during trading hours on Monday, hitting GBX 1,782.29 ($24.20). 752,748 shares of the company were exchanged, compared to its average volume of 455,422. The firm has a market cap of £2.00 billion, a PE ratio of -5.53, a PEG ratio of 23.10 and a beta of 1.03. Derwent London has a 1 year low of GBX 1,665 ($22.61) and a 1 year high of GBX 2,530 ($34.36). The company has a quick ratio of 0.38, a current ratio of 0.51 and a debt-to-equity ratio of 40.68. The firm has a fifty day moving average of GBX 1,968.44 and a 200 day moving average of GBX 1,919.75.

Derwent London (LON:DLN - Get Free Report) last announced its quarterly earnings data on Tuesday, August 12th. The real estate investment trust reported GBX 52.20 ($0.71) earnings per share for the quarter. Derwent London had a negative net margin of 129.56% and a negative return on equity of 10.41%. Analysts expect that Derwent London will post 113.7351779 earnings per share for the current year.

Derwent London Company Profile

(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.

Featured Articles

Should You Invest $1,000 in Derwent London Right Now?

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 Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

September Slowdown: 3 Stocks to Buy When the Pullback Comes
3 Overlooked Stocks Riding the AI Data Center Boom
3 Growth Stock Winners to Watch And 3 to Avoid

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines