Diploma (LON:DPLM) Price Target Raised to GBX 7,400

Diploma (LON:DPLM) had its price objective upped by Royal Bank Of Canada from GBX 7,300 to GBX 7,400 in a research report released on Friday morning,Digital Look reports. Royal Bank Of Canada currently has an outperform rating on the stock.

Several other research firms have also commented on DPLM. Berenberg Bank upped their price objective on Diploma from GBX 7,500 to GBX 9,000 and gave the stock a “buy” rating in a research report on Tuesday, May 19th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 7,000 target price on shares of Diploma in a report on Friday, May 29th. JPMorgan Chase & Co. boosted their target price on shares of Diploma from GBX 5,120 to GBX 5,760 and gave the company a “neutral” rating in a research note on Friday, March 27th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Diploma from GBX 6,400 to GBX 7,200 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Finally, Stifel Nicolaus raised their price target on shares of Diploma from GBX 6,200 to GBX 6,800 and gave the company a “buy” rating in a research report on Thursday, March 19th. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Diploma currently has a consensus rating of “Moderate Buy” and an average target price of GBX 7,044.29.

Diploma Stock Performance

Shares of DPLM stock opened at GBX 7,240 on Friday. Diploma has a 52-week low of GBX 4,970 and a 52-week high of GBX 7,295. The company has a quick ratio of 0.80, a current ratio of 2.06 and a debt-to-equity ratio of 47.65. The stock has a market cap of £9.71 billion, a PE ratio of 51.42, a price-to-earnings-growth ratio of 2.82 and a beta of 0.92. The business has a 50-day simple moving average of GBX 6,970.25 and a 200-day simple moving average of GBX 6,243.50.

Diploma (LON:DPLM) last posted its earnings results on Tuesday, May 19th. The company reported GBX 74.70 EPS for the quarter. The firm had revenue of £851.10 million for the quarter. Diploma had a return on equity of 18.55% and a net margin of 9.42%. On average, equities analysts expect that Diploma will post 163.7995512 EPS for the current year.

Insiders Place Their Bets

In other Diploma news, insider Katie Bickerstaffe  purchased 177 shares of the stock in a transaction on Wednesday, May 20th. The shares were bought at an average price of GBX 6,730 per share, for a total transaction of £11,912.10. Insiders own 1.14% of the company’s stock.

Diploma Company Profile

Diploma PLC, together with its subsidiaries, supplies specialized technical products and services in the United Kingdom, Continental Europe, North America, and internationally. It operates through three business sectors: Life Sciences, Seals, and Controls. The Life Sciences sector supplies technology-enabled products used in surgical procedures in operating theatres and endoscopy; testing equipment and services for clinical laboratories; and bio-pharma, food safety and testing, and other research-oriented products.