Zacks Investment Research Lowers Derwent London (DWVYF) to Sell
Derwent London (OTCMKTS:DWVYF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Wednesday.
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. “
OTCMKTS DWVYF remained flat at $$36.75 during trading on Wednesday. Derwent London has a 12-month low of $39.00 and a 12-month high of $44.00.
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.
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