Zacks Investment Research upgraded shares of Derwent London (OTCMKTS:DWVYF) from a sell rating to a hold rating in a research note released on Monday morning.
According to Zacks, “Derwent London plc is a real estate investment trust. It focuses on the commercial, residential and office development market. The company operates primarily in Central London. Derwent London plc is based in London, U.K. “
Derwent London has a one year low of $39.00 and a one year high of $44.00.
Derwent London plc owns 87 buildings in a commercial real estate portfolio predominantly in central London valued at £4.9 billion (including joint ventures) as at 31 December 2017, making it the largest London-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.
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