Derwent London (LON:DLN) Given Buy Rating at Shore Capital

Shore Capital reiterated their buy rating on shares of Derwent London (LON:DLN) in a research report report published on Monday, Marketbeat Ratings reports.

Derwent London Stock Performance

Shares of DLN opened at GBX 1,919 ($25.78) on Monday. The stock has a 50-day moving average of GBX 1,974.90 and a 200-day moving average of GBX 1,921.64. The company has a debt-to-equity ratio of 40.68, a current ratio of 0.51 and a quick ratio of 0.38. The company has a market cap of £2.15 billion, a PE ratio of -5.95, a P/E/G ratio of 23.10 and a beta of 1.03. Derwent London has a one year low of GBX 1,665 ($22.36) and a one year high of GBX 2,530 ($33.98).

Derwent London Company Profile

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.