Derwent London (NASDAQ:DWVYF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Monday.

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. “

Shares of Derwent London (NASDAQ DWVYF) opened at 38.40 on Monday. The stock’s 50 day moving average price is $38.40 and its 200-day moving average price is $35.82. The firm has a market capitalization of $4.28 billion and a P/E ratio of 31.40. Derwent London has a 12-month low of $30.65 and a 12-month high of $49.80.

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