Derwent London (OTCMKTS:DWVYF) Upgraded by Citigroup to Hold

Citigroup upgraded shares of Derwent London (OTCMKTS:DWVYF) to a hold rating in a research report report published on Thursday, Zacks.com reports.

Derwent London Stock Performance

Shares of DWVYF opened at $30.30 on Thursday. Derwent London has a 52-week low of $23.50 and a 52-week high of $30.30. The company has a 50-day simple moving average of $29.94 and a 200-day simple moving average of $27.63.

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.