Derwent London (OTCMKTS:DWVYF) Downgraded by Zacks Investment Research

Derwent London (OTCMKTS:DWVYF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Thursday, Zacks.com reports.

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 OTCMKTS DWVYF remained flat at $$42.00 during mid-day trading on Thursday. The company has a 50 day simple moving average of $42.00 and a 200 day simple moving average of $40.33. Derwent London has a 1-year low of $39.60 and a 1-year high of $42.00.

About Derwent London

Derwent London plc owns 87 buildings in a commercial real estate portfolio predominantly in central London valued at £4.9 billion (including joint ventures) as at 31 December 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.

Featured Article: What Are Cryptocurrencies?

Get a free copy of the Zacks research report on Derwent London (DWVYF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Derwent London Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Derwent London and related companies with MarketBeat.com's FREE daily email newsletter.