Derwent London (OTCMKTS:DWVYF) Upgraded at Citigroup

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

Derwent London Price Performance

DWVYF opened at $30.30 on Thursday. The company’s 50 day simple moving average is $29.94 and its 200-day simple moving average is $27.65. Derwent London has a one year low of $23.50 and a one year 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.