Derwent London (OTCMKTS:DWVYF) Stock Rating Upgraded by Citigroup

Derwent London (OTCMKTS:DWVYF) was upgraded by equities research analysts at Citigroup to a “hold” rating in a report released on Thursday, Zacks.com reports.

Derwent London Stock Performance

Shares of DWVYF remained flat at $30.30 on Thursday. The business’s 50-day moving average price is $29.94 and its 200-day moving average price is $27.63. Derwent London has a 52 week low of $23.50 and a 52 week high of $30.30.

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.