Zacks Investment Research upgraded shares of Derwent London (OTCMKTS:DWVYF) from a hold rating to a buy rating in a research report sent to investors on Wednesday. Zacks Investment Research currently has $45.00 price target on the stock.

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 (OTCMKTS:DWVYF) opened at $39.00 on Wednesday. Derwent London has a twelve month low of $39.00 and a twelve month high of $41.40.

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Derwent London Company Profile

Derwent London plc owns 89 buildings in a commercial real estate portfolio predominantly in central London valued at £4.8 billion (including joint ventures) as at 30 June 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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