Derwent London Plc 13.7% Potential Decrease Indicated by Berenberg

Broker Ratings

Derwent London Plc with EPIC/TICKER (LON:DLN) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ today by analysts at Berenberg. Derwent London Plc are listed in the Financials sector within UK Main Market. Berenberg have set a target price of 2800 GBX on its stock. This is indicating the analyst believes there is a potential downside of -13.7% from today’s opening price of 3244 GBX. Over the last 30 and 90 trading days the company share price has increased 160 points and increased 122 points respectively. The 1 year high share price is 3386 GBX while the 52 week low for the stock is 2745 GBX.

Derwent London Plc has a 50 day moving average of 3,155.35 GBX and a 200 day moving average of 3,183.02. There are currently 111,662,753 shares in issue with the average daily volume traded being 310,328. Market capitalisation for LON:DLN is £3,600,007,156 GBP.

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