Derwent London (DLN.L) 24-02-20
Will shares in Derwent London (DLN.L) continue to push upwards, reaching new highs?
- Now trading at 4182p (at time of writing), the share price momentum has been very strong.
- Will it come to an end, or is this trend your friend?
- Could this be the ideal opportunity for momentum traders?
- Shares -2% from 12-month highs; +45% from 12 month lows.
Latest News
30 Jan: Derwent London announced it will acquire the freehold of Blue Star House, a building in Brixton, London, for a price of £38.1m.
27 Jan: Liberum Capital reiterates its hold rating on Derwent London (DLN) and increased the target price to 4160p (from 3100p).
16 Jan: JP Morgan Cazenove reiterates its underweight rating on Derwent London (DLN) and increased the target price to 3720p (from 3500p).
15 Jan: Bank of America Merrill Lynch reiterates its buy rating on Derwent London (DLN) and increased the target price to 4580p (from 4000p).
06 Jan: UBS reiterates its buy rating on Derwent London (DLN) and increased the target price to 4425p (from 3750p).
23 Dec: Derwent London announced it would sell its leasehold in a London office to Deka Immobilien for a price of £121.3m.
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires
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